financetom
Business
financetom
/
Business
/
BRIEF-Brookfield Renewable To Increase Stake In A Strategic Portfolio Of Hydro Assets
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BRIEF-Brookfield Renewable To Increase Stake In A Strategic Portfolio Of Hydro Assets
Jul 18, 2025 3:54 PM

July 18 (Reuters) - Brookfield Renewable Partners LP ( BEP )

:

* BROOKFIELD RENEWABLE TO INCREASE STAKE IN A STRATEGIC

PORTFOLIO

OF HYDRO ASSETS

* BROOKFIELD RENEWABLE CORP ( BEPC ) - WILL INVEST UP TO $1 BILLION

TO

INCREASE ITS EQUITY INTEREST TO APPROXIMATELY 38% IN ISAGEN S.A.

E.S.P.

* BROOKFIELD RENEWABLE CORP ( BEPC ): TRANSACTION IS EXPECTED TO BE

IMMEDIATELY ACCRETIVE TO BROOKFIELD RENEWABLE'S FFO PER UNIT

* BROOKFIELD RENEWABLE CORP ( BEPC ): TRANSACTION ALSO ANTICIPATED

TO BE

ABOUT 2% ACCRETIVE TO 2026 FFO PER UNIT

* BROOKFIELD RENEWABLE CORP ( BEPC ) - QATAR INVESTMENT AUTHORITY

WILL

INVEST AROUND $500 MILLION AND INCREASE ITS EQUITY INTEREST IN

ISAGEN TO APPROXIMATELY 15%

Source text:

Further company coverage:

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
UBS CEO Reportedly Criticizes Switzerland's Plans to Introduce New Capital Rules for Banks
UBS CEO Reportedly Criticizes Switzerland's Plans to Introduce New Capital Rules for Banks
May 15, 2024
02:19 PM EDT, 05/15/2024 (MT Newswires) -- UBS (UBS) Chief Executive Officer Sergio Ermotti said that the company is continuing its criticism of Switzerland's plans to raise capital requirements for banks seem as too big to fail, media reported Wednesday, citing Ermotti's speech at Zurich University. The Swiss government is looking to introduce capital rules that can result in about...
Red Pine Provides Update On Assay Results for Wawa Gold Project
Red Pine Provides Update On Assay Results for Wawa Gold Project
May 15, 2024
02:16 PM EDT, 05/15/2024 (MT Newswires) -- Red Pine Exploration ( RDEXF ) on Wednesday provided an update on its investigations into the reporting inconsistencies in certain drill core assay results from its Wawa gold project in Ontario. The company said there were 382 assay reporting Inconsistencies out of a total of 60,000 assay results for the 2019-2024 period, representing...
Cheetah Net Supply Chain Service Closes Follow-on Public Offering
Cheetah Net Supply Chain Service Closes Follow-on Public Offering
May 15, 2024
02:17 PM EDT, 05/15/2024 (MT Newswires) -- Cheetah Net Supply Chain Service ( CTNT ) said Wednesday it closed a follow-on public offering of 13.2 million class A common shares at $0.62 apiece and raised about $8.2 million in gross proceeds. Cheetah Net plans to use net proceeds for working capital and to develop warehousing and logistics services. The company...
Penn Entertainment Analyst Predicts Gaming Turnaround Through ESPN Partnership
Penn Entertainment Analyst Predicts Gaming Turnaround Through ESPN Partnership
May 15, 2024
PENN Entertainment Inc ( PENN ) has struggled since 2021 as some analysts have increasingly preferred competitors such as Draft Kings Inc in the race to acquire new customers. However, one analyst remains optimistic that PENN’s partnership with ESPN ( DIS ) can spur growth exceeding Wall Street estimates. The Penn Analyst: Needham analyst Bernie McTernan reiterated a Buy rating...
Copyright 2023-2026 - www.financetom.com All Rights Reserved