Post by
Dano1970 on May 02, 2021 11:03am
Brookfield renewable portfolio
All you have to remember is 66% of brookfield 's cash flow comes from hydroelectric dams and they are not selling those..they sold a portion of their wind assets because of activists complaing and less revenue from wind power..all though very green energy but costs of maintenance plus the mentioned above isnt worth keeping! Hydrogen and renewable byproducts are what they are focused on. The byproducts alone will increase revenue i would say 15 to 25% maybe more, plus green kick backs from canada and u.s will help. Buy on the dip..i hold 1100 shares and might pick up more on monday but looking more at bam..they will eventually spin off their capital reinsurance buisness plus a 17 billion dollar reit after their total acquisition of brookfield properties...