Brookfield Renewable (BEPC) Q2 2025 Earnings Call August 01, 2025 09:00 AM ET Company ParticipantsConnor Teskey - CEO of Renewable Power & Transition & President of Brookfield Asset ManagementWyatt Hartley - Managing Partner and Co-President - Renewable Power & TransitionPatrick Taylor - Managing Partner & CFO - Brookfield’s Renewable Power & Transition GroupSean Steuart - Managing DirectorMark Strouse - Executive DirectorJon Windham - Head - Alternative Energy & Environmental Services Equity ResearchJessic ...

Financial Data and Key Metrics Changes - The company reported funds from operations (FFO) of $371 million or $0.56 per unit, representing a 10% year-over-year increase driven by strong hydro generation and growth initiatives [16] - FFO per unit is expected to continue growing at a target rate of over 10% for the year [6] - The company ended the quarter with $4.7 billion of available liquidity, indicating strong financial flexibility [18] Business Line Data and Key Metrics Changes - The hydroelectric segment saw FFO increase by over 50% from the prior year, attributed to strong performance from U.S. and Colombian fleets [16] - The Distributed Energy, Storage, and Sustainable Solutions segments delivered FFO growth of almost 40% year-over-year, driven by Westinghouse's performance in the nuclear sector [18] - Wind and solar segments experienced flat FFO compared to the prior year due to asset dispositions and gains from the previous year [17] Market Data and Key Metrics Changes - The company has commissioned 2.1 gigawatts of new renewable energy capacity in the quarter and anticipates bringing on approximately 8 gigawatts in 2025, a record for the business [7] - The company is witnessing a significant supply-demand imbalance for energy across its operational regions, necessitating substantial expansion in energy generation [5] Company Strategy and Development Direction - The company is focusing on a safe harboring strategy to secure tax credit eligibility for nearly all U.S. projects through 2029 [5] - The company aims to deepen relationships with large power buyers, leveraging its diversified portfolio across hydro, wind, solar, nuclear, and battery storage [8] - The company is actively pursuing M&A opportunities to enhance its hydro capabilities and meet growing energy demand [36] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the robust demand for power, which is expected to drive the development of all forms of energy [8] - The company is well-positioned to meet exponential energy demand with a pipeline of over 230 gigawatts of projects, including significant battery storage solutions [6] - Management highlighted the increasing sophistication of large tech companies in seeking baseload power solutions, indicating a shift in procurement strategies [30] Other Important Information - The company successfully executed its largest project financing, raising EUR 6.3 billion for an offshore wind development project in Poland [19] - The company is committed to delivering long-term total returns of 12% to 15% for investors while maintaining disciplined capital allocation [20] Q&A Session Summary Question: Can you accelerate the pace of development in light of recent capacity auction results? - Management indicated that the supply-demand imbalance is a persistent issue and they are pulling forward projects as quickly as possible while leveraging M&A capabilities and partnerships with large power buyers [23][25] Question: What is the hydro M&A environment in the U.S.? - Management noted that the hydro market is becoming more liquid and they are positioned to pursue opportunities that fit their framework agreements with confidence [36][37] Question: How are discussions with tech companies changing regarding new facilities? - Management observed an increased appetite for diverse energy solutions beyond wind and solar, with a focus on integrated relationships that span multiple energy sources [77][78] Question: What are the key milestones for nuclear development? - Management highlighted the U.S. government's intention to start construction on 10 new reactors by the end of the decade, positioning Westinghouse as a key player in this initiative [70][73]

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This Supplemental Information contains forward-looking statements and information, within the meaning of Canadian securities laws and "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, Section 21E of the U.S. Securities Exchange Act of 1934, as amended, "safe harbor" provisions of the United States Private Securities Litigation Reform ...

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For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Array Technologies, Inc. (ARRY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.Array Technologies, Inc. is one of 240 companies in the Oils-Ene ...

Group 1 - Brookfield Renewable Corp. is a source of permanent capital for Brookfield Asset Management, with both Brookfield Renewable Corp. and Brookfield Renewable Partners representing the same business and paying the same quarterly dividend amount [2][5] - The dividend yield for Brookfield Renewable Corp. is 4.7%, while Brookfield Renewable Partners has a distribution yield of 5.8%, reflecting the popularity of the corporate share class over the partnership units [2][5] - Brookfield Renewable Corp. owns renewable power assets, including solar, wind, hydroelectric, battery storage, and recently added nuclear power, providing a comprehensive exposure to clean energy [9][10] Group 2 - The company aims for annual dividend increases of between 5% and 9%, supported by the growth of its portfolio and Brookfield Asset Management's plans to double its investment in clean energy between 2025 and 2030 [11] - Brookfield Renewable's portfolio is dynamic, as its parent company is always buying and selling assets, distinguishing it from regulated electric utilities despite having a reliable income stream from energy contracts [13] - Investing in Brookfield Renewable Corp. could provide a lifetime of reliable income, especially with the growth plans of Brookfield Asset Management, although understanding the complexities of the entities involved is crucial [14]

While it doesn't look like it's set to explode, we are watching how much debt its taking on ahead of assets generating cash flows.In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down how one of their favorite stocks, Brookfield Renewable (BEP -1.89%) (BEPC -1.20%), has taken on more debt leverage in recent years ahead of new renewable energy investments coming online and generating a return, why they aren't concerned for now, and what it would take for that to change.*Stock prices u ...

Core Insights - Brookfield Renewable Corporation operates in 25 countries and has a significant presence in clean energy with approximately $126 billion in assets under management [1] - The company offers a forward-yielding dividend of 4.7%, making it an attractive option for income investors seeking passive income [2] - Brookfield Renewable has a strong track record of increasing its dividend, achieving a 6% compound annual growth rate from 2001 to 2024, with management targeting 5% to 9% increases in the coming years [5] Dividend and Income Potential - The company has declared dividends of $0.373 per share for the first two quarters of 2025, which could total $1.492 per share for the year [7] - To generate $5,000 in annual income from Brookfield Renewable stock, an investor would need to own 3,352 shares [7] Valuation and Market Performance - As of June 12, shares of Brookfield Renewable have increased by approximately 16% year to date and are currently valued at 10.4 times operating cash flow, above their five-year average of 5.7 [8] - Despite the premium valuation, the company's consistent generation of strong funds from operations supports its attractiveness for investors [8]

Group 1 - Brookfield Renewable Corporation (TSX: BEP.UN:CA, NYSE: BEPC, NYSE: BEP) offers a combination of high-quality assets, growth potential, and a yield exceeding 5% while trading at a fair valuation [1] - The company is positioned to benefit from a long-term bull market for electricity, enhancing its investment appeal [1]

BROOKFIELD RENEWABLE CORPORATION CONSOLIDATED STATEMENTS OF FINANCIAL POSITION | UNAUDITED (MILLIONS) | Notes | | March 31, 2025 | | December 31, 2024 | | --- | --- | --- | --- | --- | --- | | Assets | | | | | | | Current assets | | | | | | | Cash and cash equivalents | 11 | $ | 614 | $ | 624 | | Restricted cash | 12 | | 14 | | 39 | | Trade receivables and other current assets | 13 | | 858 | | 933 | | Financial instrument assets | 2 | | 107 | | 102 | | Due from related parties | 16 | | 1,197 | | 1,404 | | A ...