Brookfield Renewable Announces Third Quarter Results, Unit Split and Creation of an Exchange Corporation
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Brookfield Renewable Energy Partners (BEP) Reports Q3 FFO of $0.43, Announces Unit Split and Creation of an Exchange Corporation
November 11, 2019 6:53 AM ESTBrookfield Renewable Energy Partners (NYSE: BEP) reported Q3 FFO of $0.43, versus $0.33 reported last year. Revenue for the quarter came in at $642 million, versus $674 million reported last year.
Unit Split and Creation of an Exchange Corporation
Today we announced our intention to create a Canadian corporation in order to provide investors with greater flexibility in how they invest in Brookfield Renewables globally diversified, multi-technology renewable power portfolio. This entity will be publicly listed on the same exchanges as the current partnership ("BEP"), giving investors the optionality to invest in Brookfield Renewable... More
