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Brookfield Renewable Corp Ordinary Shares - Class A (Sub Voting)

BEPC: XTSE (CAN)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
CAD 75.00LztxsBgbqmxghqy

Brookfield Renewable: Large Agreement With Microsoft for Renewable Energy Sends Shares Higher

On May 1, Brookfield Renewable announced a first-of-its-kind framework agreement with Microsoft to support its sustainability goals via the buildout of new renewable power capacity globally. We are maintaining our $28 (CAD 38) and $29 (CAD 39) fair value estimates for Brookfield Renewable Partners and Brookfield Renewable Corp., respectively. We view shares as undervalued.

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