Good Energy Group (LON: GOOD) is a British renewable energy company that has spent more than two decades building a green business. The ambition is to help one million homes and businesses cut carbon from their energy and transport by 2025 — and Good Energy is making this happen through 2,000 independent renewable generators.

After completing the transition to an end-to-end one-stop shop for climate-conscious energy consumers, Good Energy’s growth potential is not properly reflected in the current valuation, in our view. Our 407p fair value target suggests 62.8% upside.

At present, the company serves over 180,000 small scale generator customers through the Feed-in Tariff and smart export. It also has growing interests in solar, energy storage and heat pump installation solutions — and is a major investor in the UK’s market leading EV charging app, Zapmap.