NextEra, AES, Constellation: JPMorgan's Top ESG Bond Picks For 2025
NextEra, AES, Constellation: JPMorgan's Top ESG Bond Picks For 2025
JPMorgan's ESG bond picks for 2025 focus on companies in the renewable energy and utilities sectors. These bonds are positioned to benefit from strong macroeconomic support and evolving policies favoring clean energy.The ESG investing space had its ups and downs in 2024. Sustainable assets saw a 7% increase in AUM to $3.2 billion.
2024年esg概念投資領域經歷了起伏。可持續資產的管理資產增加了7%，達到32億。
While the year has been challenging for ESG equity funds, particularly with underperformance in the first half, JPMorgan analysts are looking to 2025 with optimism.
儘管這一年對esg股票基金是個挑戰，特別是在上半年表現不佳，摩根大通分析師對此持樂觀態度，展望2025年。
Among the most promising picks are bonds from major renewable energy players. These bonds are poised to benefit from tax credits, policy shifts, and growing demand for clean energy:
其中最有前景的選擇是來自主要可再生能源公司的債券。這些債券預計將受益於稅收抵免、政策變化和對清潔能源日益增長的需求：
- NextEra Energy Inc (NYSE:NEE) – $5.25% 03/15/34 Bond (Z-spread 132bp): As one of the largest developers of renewable energy in the US, NextEra Energy continues to be a top pick for investors focused on ESG. The company remains exposed to fluctuations in renewable tax credits and financing, but with strong customer demand and state carbon targets, its long-term prospects are solid. This bond offers a potential upside as NextEra continues to expand its solar and wind portfolios.
- The AES Corp (NYSE:AES) – $2.45% 01/15/31 Green Bond (Z-spread 168bp): AES is another key player in the renewable energy space, benefiting from a large backlog of utility-scale projects. The company is positioned to capitalize on renewable PTCs, ITCs, and tax equity financing. With data center offtakers less sensitive to price hikes and interest rates, AES is well-positioned to navigate potential policy changes and remain a solid investment for ESG-focused bondholders.
- Constellation Energy Corp (NASDAQ:CEG) – $5.75% 03/15/54 Green Bond (Z-spread 190bp): As a leader in nuclear energy, Constellation Energy is supported by strong power fundamentals and firm nuclear sentiment across both sides of the legislature. With continued demand for reliable power and a growing market for data centers, Constellation is poised to benefit from its nuclear and renewable energy mix. This bond stands out as an attractive option for ESG investors looking for stable returns in the energy sector.
- 新紀元能源公司（紐約證券交易所：NEE）– $5.25% 03/15/34 債券型（Z-利差132點子）：作爲美國最大的可再生能源開發商之一，新紀元能源仍然是專注於esg概念投資者的首選。公司繼續受到可再生稅收抵免和融資波動的影響，但由於客戶需求強勁和州碳減排目標，其長期前景穩固。隨着新紀元繼續擴大太陽能和風能項目，這種債券提供了潛在的上漲空間。
- aes發電公司（紐約證券交易所：AES）– $2.45% 01/15/31 香港零售綠色債券(臨時代碼)（Z-利差168點子）：AES是可再生能源領域的另一個關鍵參與者，受益於大量的公用事業規模項目待處理。公司有能力利用可再生的PTC、ITC和稅收權益融資。由於idc概念用戶對價格上漲和利率期貨的敏感性較低，AES在應對潛在政策變化方面處於良好位置，並且仍然是關注esg概念投資者的可靠投資。
- 星群能源公司（納斯達克：CEG）– $5.75% 03/15/54 香港零售綠色債券(臨時代碼)（Z-利差190點子）：作爲核能領域的領導者，星群能源受益於強勁的電力基本面和兩院議會的堅定核能情緒。隨着對可靠電力的持續需求和對idc概念市場的不斷增長，星群有望從其核能和可再生能源組合中獲益。這種債券作爲關注穩定收益的esg投資者的一個有吸引力的選擇脫穎而出。
ESG Bonds Set To Shine In 2025
esg概念債券有望在2025年閃耀
JPMorgan's ESG bond picks for 2025 focus on companies in the renewable energy and utilities sectors. These bonds are positioned to benefit from strong macroeconomic support and evolving policies favoring clean energy.
摩根大通2025年的esg概念債券選擇集中在可再生能源和公用事業板塊的公司。這些債券有望受益於強大的宏觀經濟支持和有利於清潔能源的政策變化。
With growing demand for green energy and stable regulatory environments, bonds from NextEra, AES, and Constellation Energy are likely to be top picks for ESG-focused investors looking for solid returns in the coming year.
隨着對綠色能源需求的增長以及穩定的監管環境，來自新紀元能源、aes發電和星座能源的債券型產品可能會成爲esg概念投資者在未來一年尋求穩健回報的首選。
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Image: Shutterstock
圖片：shutterstock
譯文內容由第三人軟體翻譯。
