tiprankstipranks
Brookfield Renewable’s Record Q1 and Major Microsoft Deal
Company Announcements

Brookfield Renewable’s Record Q1 and Major Microsoft Deal

Brookfield Renewable Corporation (BEPC) has released an update.

Brookfield Renewable Partners L.P. announced a strong start to 2024 with record first-quarter financial results, driven by solid performance and strategic growth initiatives, including a significant agreement with Microsoft to supply over 10.5 gigawatts of renewable energy. The company reported an 8% increase in Funds From Operations to $296 million, despite a net loss of $120 million due to non-cash expenses. These achievements underscore Brookfield Renewable’s role as a leading clean power provider in the rapidly growing digital economy.

For further insights into BEPC stock, check out TipRanks’ Stock Analysis page.

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles