2024-06-28 09:31:26 ET
Summary
- Brookfield Renewable Partners owns wind, solar, and hydro assets, offering passive income investors a globally-diversified portfolio with growing funds from operations.
- The company has delivered double-digit funds from operations growth since 2016 and is selling at a moderate FFO multiple, making it compelling for investors.
- Brookfield Renewable Partners profits from growing energy demand from AI-focused data centers, positioning it well for long-term growth in the renewable energy sector.
Brookfield Renewable Partners L.P. ( BEP ) is a renewable energy company that owns a large amount of wind, solar and hydro assets and invests aggressively into the growth of its portfolio.
Brookfield Renewable Partners offers passive income investors a globally-diversified investment portfolio of renewable energy assets that produces a growing amount of funds from operations....
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BEP: This 5.5% Yielding New Energy Company Has An AI-Catalyst