RE:RE:Wtf?Margin...good points...
I have been in and out of BEP for a number of years and frankly it hasn't been a long term hold. This is in part because, as you alluded to in your post, renewables were the flavour of the day a while back and all of them were overpriced IMO and I got out. I am still out but assessing a decision to get back in.
The key thing here IMO, is your point. Trump has basically said his administration will not support wind and solar on Federal land or areas under fFederal jurisdiction (ie offshore). Because of this the market seems to be punishing all renewable energy companies. Smart investors take a deeper dive into such things and look at whether such a decision will really affect a particular company.
I am in the process of looking at this closely as my investment strategy is centred around finding market inefficiencies and taking advantage of them. The other thing that is important to me is the quality of management and in the case of BEP there is no question in my mind that Brookfield are smart people.