Key Facts on Brookfield Renewable
Brookfield Renewable Partners (NYSE: BEP, BEPC) is a diversified clean energy producer. The company operates globally with approximately 75% of its revenue generated from developed markets and 25% from emerging markets. Its portfolio includes hydroelectric, solar, wind, battery, and nuclear power and is set to expand as it has secured long-term power contracts, notably with Microsoft for 10.5 gigawatts and Google for 3 gigawatts, primarily in hydroelectric power.
Brookfield Renewable aims for 5% to 9% annual dividend growth, with plans to deploy up to $10 billion in growth capital over the next five years. The company offers two investment structures: a partnership version with a yield of 5.1% and a corporate version with a yield of 3.7%, catering to different investor needs.
This strategic positioning allows Brookfield Renewable to capitalize on the growing demand for reliable energy sources in data centers, particularly as AI technologies expand. Investors should note the potential for consistent income and growth in this sector.
