CA - Brookfield Renewable Partners Should Be A Core Holding In An Energy Portfolio
2024-01-23 04:39:19 ET
Summary
- Brookfield Renewable Partners is well positioned in the growing renewable energy market, which is cheaper than coal and natural gas in many situations.
- The company has a massive development pipeline, with plans to deploy 18 GW over the next 3 years, contributing to the overall growth of the renewable energy market.
- BEP has a history of strong returns, with a dividend of over 5% and a track record of growing it at more than 6% annualized.
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Brookfield Renewable Partners Should Be A Core Holding In An Energy Portfolio