Brookfield Renewable Energy Partners (BEP) Reports Q4 Loss of $0.21, Revenues Beat
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Brookfield Renewable Energy Partners (NYSE: BEP) reported Q4 EPS of ($0.21), versus $0.29 reported last year. Revenue for the quarter came in at $726 million versus the consensus estimate of $657 million.
“Over the last twenty years, we have established ourselves as one of the leading producers of renewable resources globally,” said Sachin Shan, CEO of Brookfield Renewable. “We have built a business where the generation from our 19,000 megawatt fleet avoids approximately 27 million tons of carbon dioxide emissions annually, all while delivering strong compound returns to our unitholders. Looking forward, we believe our global scale, operational depth and financial strength position us well to participate in the global trend towards decarbonization while continuing to deliver 12-15% long-term returns on a per unit basis.”
For earnings history and earnings-related data on Brookfield Renewable Energy Partners (BEP) click here.
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