Earnings ·
Brookfield Renewable reports Q3 FFO of $346M, up 15%, and announces $0.392 quarterly dividend
BEPCBrookfield Renewable Corp
Brookfield Renewable Partners reported third-quarter Funds From Operations (FFO) of $346 million, or $0.51 per unit, a 15% increase year-over-year, driven by strong operating fleet performance, asset recycling gains, and development growth. The company completed the acquisition of Boralex for approximately $1.9 billion and closed its purchase of Aypa, the largest standalone battery storage platform in North America, for roughly $3 billion. Additionally, Brookfield Renewable generated about $2.8 billion in proceeds from asset sales since the second quarter end. Following an upcoming corporate simplification, the company expects to declare a quarterly dividend of $0.392 per share payable on December 31, 2026. Brookfield Renewable operates one of the world’s largest publicly traded platforms for renewable power and sustainable solutions.