When General Electric Company decides to do something, it devotes 100% of its energy, enthusiasm, and intelligence to make sure it's the best in its field. GE has turned its focus toward wind energy, and the industrial company is taking the renewable energy sector by storm.
With $146 billion in revenue last year, General Electric Company isn't your average renewable energy company. Sure, it's got its eggs in all kinds of industrial baskets, but its size is a blessing, not a curse. Those same baskets give it insights and connections that any startup or small cap would struggle to replicate. With a nimble-minded business model to boot, GE has an unprecedented ability to take wind energy to a level where no one has taken it before: fully competitive costs.
Check out the slideshow below to find out the three reasons General Electric Company will rule wind energy.
Justin Loiseau owns shares of General Electric Company. The Motley Fool owns shares of General Electric Company. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.