1.Innergex Renewable Energy
INE.TO (TSX)
Innergex Renewable Energy stands out as a significant player in the renewable sector, demonstrating impressive revenue growth, particularly from solar initiatives. The stock currently offers a dividend yield of 2.62% and has delivered a remarkable one-year return of 49.35%, although it has faced challenges over the past five years with a decline of 39.18%. Analysts maintain a cautious stance, with a consensus rating of "Hold," reflecting ongoing interest amid the company's strong performance and strategic focus on sustainable energy.
Pros:
- Strong recent momentum
- Positive 1-year return
Cons:
- Negative 5-year return
- Analyst sell ratings
2.Northland Power
NPI.TO (TSX)
Northland Power stands out as a leading Canadian renewable energy producer, focusing on wind, solar, and innovative green solutions. With a robust dividend yield of 5.84%, this company offers a steady income stream, appealing to investors seeking reliable cash flow. Despite a challenging five-year return of -59.80%, analysts maintain a consensus rating of Moderate Buy, suggesting potential for recovery with a target price of 22.56.
Pros:
- Strong dividend yield
- Consistent cash flow
Cons:
- Negative 5-year return
- Market volatility risk
3.TransAlta Renewables
RNW.TO (TSX)
TransAlta Renewables stands out as one of Canada’s leading wind power generators, boasting a diverse portfolio of 48 renewable facilities, including hydro and gas. Despite a 1-year return of -11.49%, its solid dividend yield of 7.23% makes it an attractive option for those seeking reliable income from financially healthy companies. Analysts maintain a B+ rating, indicating steady confidence in its long-term growth potential.
Pros:
- High dividend yield
- Diverse renewable energy portfolio
Cons:
- Negative 1-year return
- Market volatility risk
Final Words
As you consider investing in renewable energy stocks this February 2026, Northland Power stands out for its steady growth and reliable cash flow. Take time to compare this option with others in the market and conduct your own research to make informed investment decisions.
Frequently Asked Questions
Northland Power is a leading Canadian renewable energy producer focused on wind, solar, and innovative green solutions. It is recognized for its steady growth, consistent cash flow, and diversified energy portfolio, making it a notable investment in the renewable energy sector.
As of February 2026, Northland Power has a dividend yield of approximately 5.84%, and its year-to-date return is 4.93%. However, it has experienced a 3-month return of -23.76%, indicating some volatility in the short term.
Northland Power distributes dividends on a monthly basis. The next dividend is scheduled for February 17, 2026, at a rate of $0.0600.
Investing in renewable energy stocks, like Northland Power, carries risks such as market volatility, regulatory changes, and technological advancements. It’s crucial for investors to evaluate these factors and consider their own risk tolerance.
Northland Power stands out due to its focus on a diversified energy portfolio and consistent performance over the years. Investors should compare its returns, dividend yield, and market position with other renewable energy stocks to determine the best fit for their portfolio.
As of the latest data, Northland Power has a market capitalization of approximately $5.01 billion. This positions it as a significant player within the renewable energy sector in Canada.
