Brookfield Renewable Energy Partners (BEP) Misses Q3 EPS by 8c
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Brookfield Renewable Announces Third Quarter Results
November 3, 2015 6:45 AM ESTHAMILTON, BERMUDA -- (Marketwired) -- 11/03/15 -- Brookfield Renewable Energy Partners L.P. (TSX: BEP.UN)(NYSE: BEP) ("Brookfield Renewable") today reported financial results for the three and nine months ended September 30, 2015.
Financial Results
Three Months Ended Nine Months Ended ---------------------------------------- For the periods ended September 30 US$ millions (except per unit or otherwise noted) Unaudited 2015 2014 2015 2014 ---------------------------------------------------------------------------- Generation (GWh) Total 4,992 4,383 17,215 16,709 Brookfield Renewable's share 3,715 3,418 13,109 13,474 Revenues $ 337 $ 342 $ 1,236 $ 1,296 Adjusted EBITDA(1) $ 242 $ 223 $ 919 $ 943 Funds From Operations (FFO)(1) $ 80 $ 61 $ 379 $ 444 FFO per unit(1), (2) $ 0.29 $ 0.22 $ 1.37 $ 1.65 Distribution per unit $ 0.4150 $ 0.3875 $ 1.2450 $ 1.1625 ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- (1) Non-IFRS measure. Refer to "Cautionary Statement Regarding Use of Non- IFRS... More