Brookfield Renewable Energy Partners (BEP) Reports Q2 Revenues Above Estimates

Brookfield Renewable Energy Partners (NYSE: BEP) reported Q2 EPS of ($0.01). Revenue for the quarter came in at $735 million versus the consensus estimate of $657 million.

“We continue to grow our operating and investment capabilities across markets and technologies, recently adding a scale solar business in Europe and expanding our wind portfolio during the quarter,” said Sachin Shah, CEO of Brookfield Renewable. “Combined with our strong investment grade balance sheet and robust liquidity, we remain well positioned to deliver long-term total returns of 12% to 15% on a per unit basis.”

For earnings history and earnings-related data on Brookfield Renewable Energy Partners (BEP) click here.

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