Stockpod #13: Transeastern Power Trust

Transeastern Power Trust (TSX: V.TEP.DB) is an open-ended limited purpose trust focused on a portfolio of operating renewable energy assets meant to provide a stable source of income for investors through consistent dividends. Instead of focusing on the extremely competitive North American markets where valuations are high, Transeastern is concentrating on the European Union’s periphery members, more specifically Romania, where there is scarcity of competition and much lower multiples, about half the price of assets you would find in Canada or the United States. This podcast examines the company and its prospects in more detail.