2024-02-22 18:00:00 ET
Summary
- Brookfield Renewables Partners LP delivered strong earnings and increased operational capacity in Q4-2023.
- BEP has over 80% of its capacity contracted out for 2024-2026, ensuring predictable funds from operations.
- The demand for clean energy is growing, benefiting BEP and other renewable assets, while new wind energy projects face challenges.
- We tell you how we handled our position in this and the preferred share.
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Brookfield Renewable: 6% Yield But Valuation Keeps Us Cautious