Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities primarily in North America, Colombia, Brazil, Europe, India, and China. The company generates electricity through hydroelectric, wind, solar, distributed generation, pumped storage, cogeneration, and biomass sources. Its portfolio consists of approximately 19,000 megawatts of installed capacity. Brookfield Renewable Partners Limited operates as the general partner of Brookfield Renewable Partners L.P. The company was formerly known as Brookfield Renewable Energy Partners L.P. and changed its name to Brookfield Renewable Partners L.P. in May 2016. Brookfield Renewable Partners L.P. was founded in 1999 and is based in Toronto, Canada.
IPO Year:
Exchange: NYSE
Website: bep.brookfield.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/17/2023 | $34.00 → $25.00 | Buy → Neutral | UBS |
11/13/2023 | $29.00 | Outperform | RBC Capital Mkts |
9/25/2023 | $37.00 | Outperform → Strong Buy | Raymond James |
10/18/2022 | $41.00 | Buy | TD Securities |
5/9/2022 | $41.00 | Hold → Buy | TD Securities |
4/4/2022 | $41.00 | Buy → Hold | TD Securities |
3/28/2022 | $46.00 | Buy | UBS |
1/18/2022 | $38.00 | Sector Perform → Outperform | National Bank Financial |
1/18/2022 | Sector Perform → Outperform | National Bank Of Canada | |
1/11/2022 | $42.00 → $40.00 | Neutral → Sector Outperform | CIBC |
New investments secured for Infinium and company's Project Roadrunner production plant to accelerate availability of sustainable aviation fuel SACRAMENTO, Calif., Sept. 10, 2024 /PRNewswire/ -- Infinium, the world's first producer of commercially available ultra-low carbon eFuels, and Brookfield Asset Management (NYSE:BAM, TSX:BAM) ("Brookfield") today announced a strategic funding partnership to accelerate the growth of Infinium's eFuels platform. Infinium eFuels—which includes eSAF, a next generation sustainable aviation fuel—can reduce lifecycle greenhouse gas emissions by approximately 90% or more compared to today's conventional fuels.
All amounts in U.S. dollars unless otherwise indicated BROOKFIELD, NEWS, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners L.P. (TSX:BEP, NYSE:BEP) ("Brookfield Renewable Partners", "BEP") today reported financial results for the three and six months ended June 30, 2024. "We had another strong quarter, building on our momentum to start to the year with operating results and growth initiatives that position us to deliver our target 10%+ FFO per unit growth target for 2024. We were successful deploying significant capital into opportunities that further enhance the market-leading reach and scale of our business. Our investments focused on adding leading platfo
BROOKFIELD, NEWS, July 17, 2024 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners L.P. (TSX:BEP, NYSE:BEP) ("Brookfield Renewable") today announced that after having taken into account all election notices received by the July 16, 2024 deadline for conversion of Brookfield Renewable Power Preferred Equity Inc.'s ("BRP Equity") currently outstanding Class A Preference Shares, Series 3 (the "Series 3 Shares") (TSX:BRF) into Class A Preference Shares, Series 4 (the "Series 4 Shares"), no Series 3 Shares will be converted into Series 4 Shares. Based on the number of Series 3 Shares tendered for conversion, BRP Equity determined that there would be fewer than the 1,000,000 Series 4 Shares outs
BROOKFIELD, NEWS, July 15, 2024 (GLOBE NEWSWIRE) -- Brookfield Renewable (NYSE:BEP, BEPC, TSX:BEP, BEPC))) ("Brookfield Renewable") today announced that it has agreed to issue C$400 million aggregate principal amount of medium-term notes (the "Notes"), comprised of C$100 million aggregate principal amount of Series 17 Notes (the "Series 17 Notes"), due January 10, 2054, with an effective interest rate1 of 5.417% and C$300 million aggregate principal amount of Series 18 Notes (the "Series 18 Notes"), due October 20, 2034, which will bear interest at a rate of 4.959% per annum. The Series 17 Notes will be issued as a re-opening on identical terms, other than issue date and the price to the
BROOKFIELD, NEWS, July 02, 2024 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners L.P. (TSX:BEP, NYSE:BEP) ("Brookfield Renewable") today announced that Brookfield Renewable Power Preferred Equity Inc. ("BRP Equity") has determined the fixed dividend rate on its Class A Preference Shares, Series 3 ("Series 3 Shares") (TSX:BRF) for the five years commencing August 1, 2024 and ending July 31, 2029. Series 3 Shares and Series 4 Shares If declared, the fixed quarterly dividends on the Series 3 Shares during the five years commencing August 1, 2024 will be paid at an annual rate of 6.519% ($0.4074375 per share per quarter). Holders of Series 3 Shares have the right, at their option, exercisa
BROOKFIELD, News, June 27, 2024 (GLOBE NEWSWIRE) -- Brookfield Renewable (NYSE:BEP, BEPC, TSX:BEP, BEPC))) ("Brookfield Renewable") will hold its Second Quarter 2024 Conference Call and Webcast on Friday, August 2, 2024 at 9:00 a.m. ET to discuss results and business initiatives. Results will be released on Friday, August 2, 2024 at approximately 7:00 a.m. ET and will be available on our website at https://bep.brookfield.com/ under "Press Releases". Participants can join by conference call or webcast: Conference Call Please pre-register for conference call by clicking hereUpon registering, you will be emailed a dial-in number, direct passcode and unique PIN. This process will b
BROOKFIELD, NEWS, June 24, 2024 (GLOBE NEWSWIRE) -- Brookfield Renewable Corporation (the "Corporation") ((TSX, NYSE:BEPC) today announced that all nine nominees proposed for election to the board of directors of the Corporation by holders of class A exchangeable subordinate voting shares ("Exchangeable Shares") and holders of class B multiple voting shares ("Class B Shares") were elected at the Corporation's annual meeting of shareholders held on June 24, 2024 in a virtual meeting format. Detailed results of the vote for the election of directors are set out below. In accordance with the Corporation's articles, each Exchangeable Share was entitled to one vote per share, representing a 25
NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES OR TO ANY US PERSON, OR TO ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION, PUBLICATION OR RELEASE WOULD BE UNLAWFUL. Brookfield has entered into exclusive negotiations with Impala, the Fonds Stratégique de Participations managed by ISALT, Cartusiai and Xavier Barbaro, and other shareholdersii to acquire approximately 53.32% of the outstanding shares of Neoen at a price of 39.85 euros per shareiii. The acquisition price represents a 26.9% premium over the last closing price and premia of 40.3% and 43.5% over the 3- and 6-months volume-weighted average price respec
All amounts in U.S. dollars unless otherwise indicated BROOKFIELD, News, May 03, 2024 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners L.P. (TSX:BEP, NYSE:BEP) ("Brookfield Renewable Partners", "BEP") today reported financial results for the three months ended March 31, 2024. "We had a strong start to the year delivering record results and executing on our business plans. We signed a landmark agreement with Microsoft, which expands on our longstanding partnership, to deliver over 10.5 gigawatts of additional renewable energy capacity to enable the growth of their AI powered cloud services business," said Connor Teskey, CEO of Brookfield Renewable. "The agreement is a testament to our ab
First of its kind global framework agreement will accelerate the expansion of renewable energy capacity to contribute to Microsoft's sustainability goalsThe five-year agreement outlines plans for the development of over 10.5 gigawatts of new renewable energy capacity, almost eight times larger than the largest single corporate PPA ever signediPotential to expand the framework scope and development capacity within the target regions of the U.S. and Europe, and beyond to Asia-Pacific, India, and Latin America TORONTO and REDMOND, Wash., May 01, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management (NYSE:BAM, TSX:BAM), together with Brookfield Renewable (NYSE:BEP, BEPC, TSX:BEP, BEPC))) ("B
THE WOODLANDS, Texas, Nov. 3, 2021 /PRNewswire/ -- Talen Energy Corp. ("Talen" or the "Company") today announced it has elevated Alejandro ("Alex") Hernandez to the role of Chief Executive Officer ("CEO"). In this expanded role, Mr. Hernandez will be responsible for overseeing all aspects of the Company's long-term strategy and overall performance, including leadership of the Company's wholesale power generation business and its Cumulus Growth carbon-free renewables, battery storage and digital infrastructure platform. Mr. Hernandez will continue in his current role as President and member of the Company's Board of Directors. As part of this leadership transition, Talen also announced today
SC 13D/A - Brookfield Renewable Partners L.P. (0001533232) (Subject)
U.S. solar manufacturers are prodding the Biden administration to toughen the rules on a law that gives a 10% tax credit solar project developers who use materials made in the U.S.A. The administration sought to encourage investment in clean energy and deter reliance on Chinese goods through the 2022 Inflation Reduction Act, which requires that 40% of the cost of a developer’s materials comes from U.S.-manufactured solar products. But the Solar Energy Manufacturers for America Coalition (SEMA) said developers can reach that 40% requirement just by buying U.S.-made mounting racks and inverters, and then purchasing the solar panels overseas, Reuters reported. Also Read: Enphase Energy
JP Morgan analyst Mark Strouse maintains Brookfield Renewable (NYSE:BEP) with a Neutral and raises the price target from $28 to $30.
Brookfield Renewable (NYSE:BEP, BEPC, TSX:BEP, BEPC))))) ("Brookfield Renewable") today announced that it has agreed to issue C$400 million aggregate principal amount of medium-term notes (the "Notes"), comprised of C$100 million aggregate principal amount of Series 17 Notes (the "Series 17 Notes"), due January 10, 2054, with an effective interest rate1 of 5.417% and C$300 million aggregate principal amount of Series 18 Notes (the "Series 18 Notes"), due October 20, 2034, which will bear interest at a rate of 4.959% per annum.
Brookfield Asset Management Ltd. (NYSE:BAM) disclosed signing a share purchase agreement for a majority stake in France’s Neoen. This transaction, known as the “Block Acquisition,” was signed after Neoen completed its works council information and consultation process. As announced earlier, Brookfield’s offer implies an equity value of 100% of the shares of EUR 6.1 billion. In particular, Brookfield inked a share purchase agreement with Impala, the Fonds Stratégique de Participations managed by ISALT, Cartusia, Xavier Barbaro, and other shareholders to acquire approximately 53.12% of Neoen’s outstanding shares for EUR 39.85 per share. In addition, Brookfield entered into a tender
Scotiabank analyst Robert Hope maintains Brookfield Renewable (NYSE:BEP) with a Sector Outperform and raises the price target from $31 to $32.
Brookfield Asset Management Inc (NYSE:BAM), together with its institutional partners, including Brookfield Renewable Partners L.P. (NYSE:BEP) and Temasek, through a special purpose vehicle, inked an exclusive negotiation to acquire a 53.32% shareholding in Neoen (OTC:NOSPF) for EUR 39.85 per share. Brookfield has entered into exclusive negotiations with Impala, the Fonds Stratégique de Participations managed by ISALT, Cartusiai and Xavier Barbaro, and other shareholders. Neoen is a global renewables developer with an 8,000 megawatt portfolio of wind, solar and storage assets in operation or under construction alongside a significant 20,000 megawatts advanced pipeline of development pro
Scotiabank analyst Robert Hope maintains Brookfield Renewable (NYSE:BEP) with a Sector Outperform and raises the price target from $30 to $31.
Brookfield Renewable (NYSE:BEP) reported quarterly earnings of $0.45 per share which beat the analyst consensus estimate of $0.44 by 2.27 percent. The company reported quarterly sales of $1.492 billion which beat the analyst consensus estimate of $1.455 billion by 2.54 percent. This is a 12.10 percent increase over sales of $1.331 billion the same period last year.
Brookfield Asset Management Ltd (NYSE:BAM), Brookfield Renewable Partners LP (NYSE:BEP), and Microsoft Corp (NASDAQ:MSFT) have reached a global renewable energy framework agreement. Under the terms of the five-year agreement, Brookfield is set to deliver over 10.5 gigawatts of new renewable energy capacity between 2026 and 2030, primarily in the U.S. and Europe. There’s also potential for further expansion into regions like Asia-Pacific, India, and Latin America. Read Next: Instead Of Taking Jobs, Microsoft CEO Satya Nadella Says, ‘AI Will Help Increase Wages’ As Employees Can Provide More Expertise Microsoft stands to benefit from access to this enhanced renewable energy capac
6-K - Brookfield Renewable Partners L.P. (0001533232) (Filer)
6-K - Brookfield Renewable Partners L.P. (0001533232) (Filer)
6-K - Brookfield Renewable Partners L.P. (0001533232) (Filer)
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6-K - Brookfield Renewable Partners L.P. (0001533232) (Filer)
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All amounts in U.S. dollars unless otherwise indicated BROOKFIELD, NEWS, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners L.P. (TSX:BEP, NYSE:BEP) ("Brookfield Renewable Partners", "BEP") today reported financial results for the three and six months ended June 30, 2024. "We had another strong quarter, building on our momentum to start to the year with operating results and growth initiatives that position us to deliver our target 10%+ FFO per unit growth target for 2024. We were successful deploying significant capital into opportunities that further enhance the market-leading reach and scale of our business. Our investments focused on adding leading platfo
BROOKFIELD, NEWS, July 02, 2024 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners L.P. (TSX:BEP, NYSE:BEP) ("Brookfield Renewable") today announced that Brookfield Renewable Power Preferred Equity Inc. ("BRP Equity") has determined the fixed dividend rate on its Class A Preference Shares, Series 3 ("Series 3 Shares") (TSX:BRF) for the five years commencing August 1, 2024 and ending July 31, 2029. Series 3 Shares and Series 4 Shares If declared, the fixed quarterly dividends on the Series 3 Shares during the five years commencing August 1, 2024 will be paid at an annual rate of 6.519% ($0.4074375 per share per quarter). Holders of Series 3 Shares have the right, at their option, exercisa
BROOKFIELD, News, June 27, 2024 (GLOBE NEWSWIRE) -- Brookfield Renewable (NYSE:BEP, BEPC, TSX:BEP, BEPC))) ("Brookfield Renewable") will hold its Second Quarter 2024 Conference Call and Webcast on Friday, August 2, 2024 at 9:00 a.m. ET to discuss results and business initiatives. Results will be released on Friday, August 2, 2024 at approximately 7:00 a.m. ET and will be available on our website at https://bep.brookfield.com/ under "Press Releases". Participants can join by conference call or webcast: Conference Call Please pre-register for conference call by clicking hereUpon registering, you will be emailed a dial-in number, direct passcode and unique PIN. This process will b
NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES OR TO ANY US PERSON, OR TO ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION, PUBLICATION OR RELEASE WOULD BE UNLAWFUL. Brookfield has entered into exclusive negotiations with Impala, the Fonds Stratégique de Participations managed by ISALT, Cartusiai and Xavier Barbaro, and other shareholdersii to acquire approximately 53.32% of the outstanding shares of Neoen at a price of 39.85 euros per shareiii. The acquisition price represents a 26.9% premium over the last closing price and premia of 40.3% and 43.5% over the 3- and 6-months volume-weighted average price respec
All amounts in U.S. dollars unless otherwise indicated BROOKFIELD, News, May 03, 2024 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners L.P. (TSX:BEP, NYSE:BEP) ("Brookfield Renewable Partners", "BEP") today reported financial results for the three months ended March 31, 2024. "We had a strong start to the year delivering record results and executing on our business plans. We signed a landmark agreement with Microsoft, which expands on our longstanding partnership, to deliver over 10.5 gigawatts of additional renewable energy capacity to enable the growth of their AI powered cloud services business," said Connor Teskey, CEO of Brookfield Renewable. "The agreement is a testament to our ab
BROOKFIELD, News, April 01, 2024 (GLOBE NEWSWIRE) -- Brookfield Renewable (NYSE:BEP, BEPC, TSX:BEP, BEPC))) ("Brookfield Renewable") will hold its First Quarter 2024 Conference Call and Webcast on Friday, May 3, 2024 at 8:30 a.m. ET to discuss results and business initiatives. Results will be released on Friday, May 3, 2024 at approximately 7:00 a.m. ET and will be available on our website at https://bep.brookfield.com/ under "Press Releases". Participants can join by conference call or webcast: Conference Call Please pre-register for conference call by clicking hereUpon registering, you will be emailed a dial-in number, direct passcode and unique PIN. This process will bypass
All amounts in U.S. dollars unless otherwise indicated BROOKFIELD, News, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners L.P. (TSX:BEP, NYSE:BEP) ("Brookfield Renewable Partners", "BEP") today reported financial results for the three and twelve months ended December 31, 2023. "2023 was a record year for our business on almost all metrics. We generated record FFO per unit, added almost 5,000 megawatts of capacity through development, and deployed or committed $9 billion into growth along with our partners. We delivered these results in a rising rate environment and one where supply chains were facing challenges, demonstrating how our access to scale capital and discipl
BROOKFIELD, News, Jan. 02, 2024 (GLOBE NEWSWIRE) -- Brookfield Renewable (NYSE:BEP, BEPC, TSX:BEP, BEPC))) ("Brookfield Renewable") will hold its Fourth Quarter 2023 Conference Call and Webcast on Friday, February 2, 2024 at 9:00 a.m. ET to discuss results and business initiatives. Results will be released on Friday, February 2, 2024 at approximately 7:00 a.m. ET and will be available on our website at https://bep.brookfield.com/ under "Press Releases". Participants can join by conference call or webcast: Conference Call Please pre-register for conference call by clicking hereUpon registering, you will be emailed a dial-in number, direct passcode and unique PIN. This process will bypas
All amounts in U.S. dollars unless otherwise indicated BROOKFIELD, News, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners L.P. (TSX:BEP, NYSE:BEP) ("Brookfield Renewable Partners", "BEP") today reported financial results for the three and nine months ended September 30, 2023. "We had another successful quarter, utilizing our disciplined approach to growth and execution to outperform our targets and deliver strong operating results. We recently closed our acquisitions of X-Elio and Deriva Energy (formerly Duke Energy Renewables) and advanced our acquisitions of Westinghouse Electric, which is expected to close shortly, and Origin Energy. By closing several previously announ
BROOKFIELD, News, Oct. 06, 2023 (GLOBE NEWSWIRE) -- Brookfield Renewable (NYSE:BEP, BEPC, TSX:BEP, BEPC))) ("Brookfield Renewable") will hold its Third Quarter 2023 Conference Call and Webcast on Friday, November 3, 2023 at 8:30 a.m. ET to discuss results and business initiatives. Results will be released on Friday, November 3, 2023 at approximately 7:00 a.m. ET and will be available on our website at https://bep.brookfield.com/ under "Press Releases". Participants can join by conference call or webcast: Conference Call Please pre-register for conference call by clicking hereUpon registering, you will be emailed a dial-in number, direct passcode and unique PIN. This process wil
UBS downgraded Brookfield Renewable Partners from Buy to Neutral and set a new price target of $25.00 from $34.00 previously
RBC Capital Mkts resumed coverage of Brookfield Renewable Partners with a rating of Outperform and set a new price target of $29.00
Raymond James upgraded Brookfield Renewable Partners from Outperform to Strong Buy and set a new price target of $37.00
TD Securities resumed coverage of Brookfield Renewable Partners with a rating of Buy and set a new price target of $41.00
TD Securities upgraded Brookfield Renewable Partners from Hold to Buy and set a new price target of $41.00
TD Securities downgraded Brookfield Renewable Partners from Buy to Hold and set a new price target of $41.00
UBS initiated coverage of Brookfield Renewable Partners with a rating of Buy and set a new price target of $46.00
National Bank Financial upgraded Brookfield Renewable Partners from Sector Perform to Outperform and set a new price target of $38.00
National Bank Of Canada upgraded Brookfield Renewable from Sector Perform to Outperform
CIBC upgraded Brookfield Renewable Partners from Neutral to Sector Outperform and set a new price target of $40.00 from $42.00 previously