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AES, NextEra may be most impacted by new executive order, says Morgan Stanley

After President Trump posted a new Executive Order targeting the clean energy industry, Morgan Stanley notes that the Executive Order is directing agencies to adjust the construction guidelines for tax credit eligibility, implement FEOC restrictions, and remove preferential policies for renewables by the Department of the Interior. At “a high level,” this seems to impact clean tech stocks and renewable developers AES Corp. (AES) and NextEra Energy (NEE) most, but “looks less meaningful” for GE Vernova (GEV), Bloom Energy (BE), Plug Power (PLUG), First Solar (FSLR) and Fluence Energy (FLNC), the analyst tells investors.

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