Buying Endesa for more solar energy
Channel: Investing made easy
Date: 2018-03-26

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Today, the Spanish energy provider Endesa makes its energy with coal and nuclear fission. Of course I am against nuclear energy and even more against burning coal. But I also drive an electric car and Spain is located in the sunbelt of Europe. Quite possible that the majority of Endesa energy comes from the sun ten years from now. Good reasons for a long-term investment. Above all, however, I think that European energy suppliers of the expiring generation are being over-punished today. I buy 250 Endesa shares, totaling around 4'500 Swiss francs.