Brookfield Renewable Partners LP
BEP.UN: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.?pH$<HN | LOCK|L& | LOCK|%zg&#?R |
Brookfield Renewable: Funds From Operations Up Strongly, but No Change to Valuation
Brookfield Renewable reported a new net loss of $229 million, but funds from operations were $375 million, up 19% year on year. Brookfield also signed or completed $2.8 billion in asset sales. The partnership units rose less than 1% on the trading day, while corporate shares declined nearly 3%.
