Brookfield Renewable Partners LP
BEP: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.QSWJ$@ | LOCK|$v# | LOCK|<n?@pZ$t |
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%.
