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Bullboard - Stock Discussion Forum Brookfield Renewable Partners Non Voting Units BEP

Alternate Symbol(s):  T.BEP.PR.G | BRENF | T.BEP.UN | T.BEP.PR.M | T.BEP.PR.R

Brookfield Renewable Partners L.P. is a Bermuda-based globally diversified, multi-technology, owner and operator of clean energy and sustainable solutions assets. The Company’s segments include hydroelectric, wind, utility-scale solar and distributed energy, and storage, which includes distributed generation and pumped storage, sustainable solutions, and corporate. Its sustainable solutions... see more

NYSE:BEP - Post Discussion

Post by retiredcf on Jun 13, 2023 8:59am

NR

Brookfield Renewable is buying a large portfolio of Duke Energy's wind and solar power-generation assets in a deal valuing the unit at an enterprise value of US$2.8 billion.
Comment by retiredcf on Jun 13, 2023 12:53pm
More details. GLTA Duke said it expects net proceeds of about $1.1-billion from the sale, which the company will use to help incorporate more than 30,000 megawatts of regulated renewable energy into its system by 2035. The proceeds are also expected to help strengthen its balance sheet, avoid additional debt and improve grid reliability. The deal comes at a time when electric utilities in ...more