Earnings
September 20, 2020 - NFI
New! NFI Group Inc. Q2-2020 Earnings, Price Target Update .....
September 18, 2020 - CU
Canadian Utilities Ltd Q2-2020 Earnings, Price Target Update .....
September 15, 2020 - EMA
Emera Inc. - Q2-2020 Earnings, Price Target Update .....
September 14, 2020 - FTS
Fortis Inc. Q2-2020 Earnings, Price Target Update .....
September 13, 2020 - NTR
Nutrien Inc - Q2-2020 Earnings, Price Target Update .....
September 12, 2020 - IAG
iA Financial Corporation Inc. Q2-2020 Earnings, Price Target .....
September 11, 2020 - MIC
Genworth MI Canada Inc. Q2-2020 Earnings, Price Target Update .....
September 10, 2020 - POW
Power Corporation of Canada - Q2-2012 Earnings & Price Target Update .....
Recommendation Changes
NTR, CNQ, SU, NWC, CPX, more...

Brookfield Renewable Energy Partners - 2019 Earnings, Price Target Update

This is only a sample of the article, please login to view the entire article

Brookfield Renewable Energy LP (BEP.UN) owns $36B (at their interest) in $53B of power generating assets comprised of nearly 900 facilities totaling 18,800MW (12,500MW net to BEP share). The development pipeline of 13,000MW, budgeted at over $9B for Brookfield's share over the next 5 years is mainly comprised of wind and solar. Generating capacity is comprised of hydro - 42% and 25% wind power, solar 16% and pumper storage -14%. Generation capacity is located in the US, Canada, Columbia, Brazil, Europe and China.

Financial statements are issued in US dollars. Dividends are paid in either Canadian equivalent or US dollars. Brookfield Asset Management (BAM.A) with $500B in total assets, owns approximately 60% of Brookfield Renewable Energy (BEP.UN). The majority of the long-term power purchase agreements are with investment-grade rated or creditworthy counterparties such as Brookfield Asset Management and its subsidiaries (47%), government-owned utilities or power authorities (19%), industrial power users (25%) and distribution companies (9%). In 2011, Brookfield Asset Management (BAM) listed its renewable power business by combining all its renewable assets under one flagship, global entity (Brookfield Renewable Partners – BEP). During Q1-2020, BEP.UN will create a new company by issuing BEP.UN shareholders an additional share in BEPC.

The quarterly distributions payable on L.P. Units of Brookfield Renewable Energy Partners are declared in U.S. dollars. Unitholders can elect to receive the distributions in either US dollars or equivalent. Unless requested, shareholders will receive distributions in U.S. dollars. Nine distribution increases have occurred from Nov-2011 to Jan-2020, from C$1.30 to US$2.17 or approximately 7% annually.

You must be a member to view the entire article, please subscribe or login


Login
Username
Password
New Issues & Acquisition
September 18, 2020
New! Coverage Universe - Weekly Price Change: Sept 11-18, 2020
September 11, 2020
Coverage Universe - Weekly Price Change: Sept 4-11, 2020
September 4, 2020
Coverage Universe - Weekly Price Change: Aug 28-Sept 4, 2020
August 29, 2020
Coverage Universe - Weekly Price Change: Aug 21-28 , 2020
August 28, 2020
BSR REIT - 5% Convertible Debenture New Issue
August 26, 2020
ECN Capital Corp. 6% Redeemable Debentures New Issue
August 21, 2020
Coverage Universe - Weekly Price Change: Aug 14-21, 2020
August 19, 2020
Chemtrade Logistics Income Fund -Convertible Debenture 8.5% New Issue