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2 energy stocks with a Biden connection

Jonathon Silver is a green tech CEO who worked with the Obama administration (so with Biden as well) investing a $40 billion green energy fund. He's currently heading-up green tech investment for Guggenheim Securities but is still on the board of two companies:
PLUG
NGG
PowerPlug has seen some gains recently, presumably from a presumed Biden win. Its valuations are a little crazy (23 p/s, 21 p/b) and debt-to-asset ratio is not great. Still might materialize into great value though, especially if Silver ends-up serving a role in the Biden admin. Seems like hydrogen, while it won't compete with EV's for personal vehicles has a niche in commercial vehicles (b/c of weight and range issues).
National Grid, while a much different company, has more palatable valuations (p/e 25 p/s 2.2 p/b 1.6) and less leveraged than PLUG. They have been moving into renewables and AI/IoT tech upgrades to grid management. Election day provided a bump but NGG is still trading below its 52 week high by a bit.
Not promising that either stock will moon because of this connection, but its something to keep in mind as Biden preps his transition team. If Silver's name gets dropped a few times, it could be worth keeping an eye on these stocks.
another article about Silver:
https://finance.yahoo.com/news/guggenheim-securities-hires-cleantech-expert-143700666.html
Mr. Silver led the federal government’s $40 billion clean energy investment fund during the Obama administration, the largest clean energy fund in the world. He currently serves as member of the boards of National Grid (NYSE:NGG), one the world’s largest publicly owned energy companies, and Plug Power (NASDAQ:PLUG), one of the country’s leading hydrogen fuel cell manufacturers. As Managing Partner of Tax Equity Advisors LLC, Mr. Silver managed investments in large-scale renewable projects for U.S. corporations.
submitted by quan42069quan to stocks