Legend Power Systems Inc.
Commercial real estate owners have excessive operating costs and unplanned capital expenditures due to power grid instability. The combination of electrification and renewable energy are going to compound grid instability and increase these excessive costs. Plus governments have implemented carbon emission reduction targets that commercial property owners will have to abide by. Legend Power Systems has the solutions to quantify and reduce these excessive costs.
Whether or not you believe in the theory of anthropological climate change, you cannot deny that Environmental, Social and Governance (“ESG”) investing is a real trend. Greenhouse gas emission regulations are in the crosshairs of institutional investors.
Last week, Legend Power Systems (LPS:TSXV), a global leader in onsite energy management technology for buildings, reported an improving outlook as economies emerge from the coronavirus pandemic. On the call, which we recommend you listen to, management outlined several nuggets that make the 60 minute call well worth your time. For those of you that are more inclined to read the highlights we have put some of the key points below that illustrate the business is at a turning point.
We hope that you, your family, and colleagues are doing well. Crises always create fear and stress, but somehow, someway, we manage to come out the other side mostly intact.