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 ...

Core Viewpoint - Brookfield Renewable Corporation (BEPC) is identified as a strong momentum stock with a Momentum Style Score of A and a Zacks Rank of 2 (Buy), indicating potential for near-term gains [3][4][12]. Momentum Performance - BEPC shares have increased by 10.72% over the past week, while the Zacks Alternative Energy - Other industry remained flat during the same period [6]. - Over the past month, BEPC's price change is 14.08%, significantly outperforming the industry's 1.99% [6]. - In the last quarter, BEPC shares rose by 29.83%, and over the past year, they gained 29.6%, compared to the S&P 500's increases of 18.84% and 15.9%, respectively [7]. Trading Volume - The average 20-day trading volume for BEPC is 879,061 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Estimates - In the last two months, one earnings estimate for BEPC has been revised upward, while none have been revised downward, improving the consensus estimate from -$0.65 to -$0.30 [10]. - For the next fiscal year, one estimate has also moved upwards with no downward revisions [10].

Group 1: Company Overview - Array Technologies, Inc. (ARRY) is part of the Oils-Energy group, which consists of 240 companies and currently ranks 16 within the Zacks Sector Rank [2] - The Zacks Rank system identifies stocks with characteristics likely to outperform the market in the next one to three months, with ARRY holding a Zacks Rank of 2 (Buy) [3] Group 2: Performance Metrics - Over the past three months, the Zacks Consensus Estimate for ARRY's full-year earnings has increased by 10.9%, indicating improved analyst sentiment [4] - Year-to-date, ARRY has gained approximately 15.1%, significantly outperforming the average gain of 2.4% in the Oils-Energy group [4] Group 3: Industry Context - Array Technologies, Inc. operates within the Solar industry, which includes 15 stocks and currently ranks 161 in the Zacks Industry Rank, with an average year-to-date gain of 0% [6] - In contrast, Brookfield Renewable Corporation, another outperforming stock in the Oils-Energy sector, belongs to the Alternative Energy - Other industry, which has gained 29.9% this year and ranks 170 [7]

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]

Core Insights - Brookfield Renewable has increased its debt leverage in recent years in anticipation of new renewable energy investments that will soon generate cash flows [1] - The contributors express that they are not currently concerned about the level of debt, but they are monitoring the situation closely [1] - The discussion includes what conditions would lead to a change in their current perspective on the company's debt levels [1]

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]

[Consolidated Financial Statements](index=2&type=section&id=Consolidated%20Financial%20Statements) [Consolidated Statements of Financial Position](index=2&type=section&id=Consolidated%20Statements%20of%20Financial%20Position) As of March 31, 2025, total assets increased to $44.96 billion from $44.13 billion at the end of 2024, primarily driven by a rise in the fair value of property, plant, and equipment. Total equity also grew to $12.44 billion from $12.11 billion over the same period Key Balance Sheet Items (in millions) | Account | March 31, 2025 | December 31, 2024 | | :--- | :--- | :--- | | **Total Assets** | **$44,964** | **$44,129** | | Cash and cash equivalents | $614 | $624 | | Property, plant and equipment, at fair value | $39,731 | $38,696 | | **Total Liabilities** | **$32,522** | **$32,021** | | Non-recourse borrowings | $14,111 | $13,775 | | Deferred income tax liabilities | $6,689 | $6,493 | | **Total Equity** | **$12,442** | **$12,108** | [Consolidated Statements of Income (Loss)](index=3&type=section&id=Consolidated%20Statements%20of%20Income%20%28Loss%29) For the three months ended March 31, 2025, the company reported a net loss of $5 million, a significant decrease from a net income of $491 million in the same period of 2024. The change was primarily driven by lower revenues, which fell to $907 million from $1.125 billion, and the absence of a large remeasurement gain that occurred in the prior year Q1 Income Statement Highlights (in millions) | Account | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Revenues | $907 | $1,125 | | Direct operating costs | $(368) | $(484) | | Interest expense | $(413) | $(363) | | Remeasurement gains | $223 | $548 | | **Net (Loss) Income** | **$(5)** | **$491** | [Consolidated Statements of Comprehensive Income](index=4&type=section&id=Consolidated%20Statements%20of%20Comprehensive%20Income) Comprehensive income for Q1 2025 was $395 million, an increase from $208 million in Q1 2024. This was primarily due to a significant positive foreign currency translation adjustment of $554 million, which offset the net loss and other comprehensive losses Q1 Comprehensive Income (in millions) | Account | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Net (Loss) Income | $(5) | $491 | | Foreign currency translation | $554 | $(171) | | Other comprehensive income (loss) | $(156) | $(112) | | **Comprehensive Income** | **$395** | **$208** | [Consolidated Statements of Changes in Equity](index=5&type=section&id=Consolidated%20Statements%20of%20Changes%20in%20Equity) Total equity increased from $12.11 billion at the end of 2024 to $12.44 billion as of March 31, 2025. The increase was driven by other comprehensive income of $400 million and capital contributions of $101 million, partially offset by a net loss of $5 million and dividends declared of $149 million Q1 2025 Changes in Equity (in millions) | Item | Amount | | :--- | :--- | | Balance, as at December 31, 2024 | $12,108 | | Net loss | $(5) | | Other comprehensive income | $400 | | Capital contributions | $101 | | Dividends declared | $(149) | | Other | $(13) | | **Balance, as at March 31, 2025** | **$12,442** | [Consolidated Statements of Cash Flows](index=6&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) For Q1 2025, net cash provided by operating activities was $110 million, a decrease from $257 million in Q1 2024. Investing activities used $252 million, primarily for investments in property, plant, and equipment. Financing activities provided $104 million. Overall, cash and cash equivalents decreased by $10 million during the quarter Q1 Cash Flow Summary (in millions) | Activity | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Net Cash from Operating Activities | $110 | $257 | | Net Cash from Financing Activities | $104 | $137 | | Net Cash from Investing Activities | $(252) | $(371) | | **Net Change in Cash** | **$(38)** | **$23** | [Notes to the Unaudited Interim Consolidated Financial Statements](index=7&type=section&id=Notes%20to%20the%20Unaudited%20Interim%20Consolidated%20Financial%20Statements) [Note 1: Basis of Presentation and Accounting Policies](index=8&type=section&id=1.%20Basis%20of%20presentation%20and%20material%20accounting%20policy%20information) The financial statements are prepared in accordance with IAS 34, Interim Financial Reporting. A key event was the 'Arrangement' completed on December 24, 2024, where Brookfield Renewable Corporation (BEPC) became the successor issuer to the former BEPC (renamed BRHC). The transaction is accounted for using a continuity of interest basis, reflecting BRHC's historical carrying values - The financial statements are prepared on a basis consistent with the December 31, 2024 audited consolidated financial statements[20](index=20&type=chunk) - On December 24, 2024, the company completed an 'Arrangement' to maintain its business structure benefits while addressing proposed Canadian tax law changes. This made the current BEPC the 'successor issuer' to the former entity[24](index=24&type=chunk) - Due to common control by the partnership both before and after the Arrangement, the acquisition of BRHC is reflected using BRHC's historical carrying values to show a continuity of interests[25](index=25&type=chunk)[27](index=27&type=chunk) [Note 2: Risk Management and Financial Instruments](index=9&type=section&id=2.%20Risk%20management%20and%20financial%20instruments) The company is exposed to market, credit, and liquidity risks, which it manages using financial instruments. As of March 31, 2025, net financial instrument assets totaled $29 million. The majority of assets measured at fair value, such as Property, Plant and Equipment ($39.7 billion), are classified as Level 3, indicating reliance on unobservable market data Fair Value Hierarchy of Assets and Liabilities (March 31, 2025, in millions) | Category | Level 1 | Level 2 | Level 3 | Total | | :--- | :--- | :--- | :--- | :--- | | Assets measured at fair value | $678 | $203 | $39,754 | $40,635 | | Liabilities measured at fair value | $0 | $(379) | $(413) | $(792) | Net Financial Instrument Position (in millions) | | March 31, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Total Financial Instrument Assets | $821 | $786 | | Total Financial Instrument Liabilities | $792 | $652 | | **Net Assets** | **$29** | **$134** | [Note 3: Segmented Information](index=12&type=section&id=3.%20Segmented%20information) The company's operations are segmented by technology: Hydroelectric, Wind, Utility-scale solar, Distributed energy & sustainable solutions, and Corporate. Performance is primarily assessed using Funds From Operations (FFO) on a proportionate basis. For Q1 2025, total FFO was $139 million, with the Hydroelectric segment being the largest contributor at $114 million - The company's operations are segmented by technology: 1) hydroelectric, 2) wind, 3) utility-scale solar, 4) distributed energy & sustainable solutions, and 5) corporate[51](index=51&type=chunk) - Performance is analyzed based on Funds From Operations (FFO), a non-IFRS measure used to assess performance before certain non-cash and non-recurring items[58](index=58&type=chunk)[59](index=59&type=chunk) Funds From Operations by Segment (Q1 2025, in millions) | Segment | FFO | | :--- | :--- | | Hydroelectric | $114 | | Wind | $23 | | Utility-scale solar | $22 | | Distributed energy & sustainable solutions | $5 | | Corporate | $(25) | | **Total** | **$139** | [Note 4: Income Taxes](index=17&type=section&id=4.%20Income%20taxes) The effective income tax rate for Q1 2025 was 350.0%, a significant deviation from the statutory rate due to rate differentials, non-deductible expenses, and other factors. The company has applied temporary relief from recognizing deferred taxes related to the new global minimum top-up tax, which is not expected to have a significant impact - The effective income tax rate was **350.0%** for Q1 2025, compared to 6.3% for Q1 2024[65](index=65&type=chunk) - The company has applied temporary mandatory relief from recognizing and disclosing deferred taxes related to the global minimum top-up tax, which is not anticipated to have a significant impact[66](index=66&type=chunk) [Note 5: Property, Plant and Equipment](index=18&type=section&id=5.%20Property%2C%20plant%20and%20equipment) The fair value of property, plant, and equipment (PP&E) increased to $39.73 billion at March 31, 2025, from $38.70 billion at year-end 2024. The increase was primarily driven by a $948 million positive foreign exchange adjustment and $359 million in additions, partially offset by $307 million in depreciation Reconciliation of PP&E (in millions) | Item | Amount | | :--- | :--- | | Balance, as at December 31, 2024 | $38,696 | | Additions | $359 | | Foreign exchange | $981 | | Depreciation | $(307) | | Other | $(2) | | **Balance, as at March 31, 2025** | **$39,731** | - During Q1 2025, the company acquired a **177 MW** portfolio of utility-scale solar development assets in the U.S., adding **$23 million** to PP&E[68](index=68&type=chunk) [Note 6: Borrowings](index=18&type=section&id=6.%20Borrowings) Total non-recourse borrowings stood at $14.11 billion as of March 31, 2025, with a weighted-average interest rate of 7.0% and an average term of 8 years. These borrowings are typically asset-specific and denominated in the local currency of the subsidiary Non-Recourse Borrowings by Segment (March 31, 2025) | Segment | Carrying Value (millions) | Weighted-Avg Rate (%) | Term (years) | | :--- | :--- | :--- | :--- | | Hydroelectric | $7,772 | 7.8% | 6 | | Wind | $1,961 | 6.0% | 8 | | Utility-scale solar | $3,420 | 6.1% | 12 | | Distributed energy & sustainable solutions | $1,024 | 5.1% | 9 | | **Total** | **$14,177** | **7.0%** | **8** | [Note 7: Non-controlling Interests](index=19&type=section&id=7.%20Non-controlling%20interests) Non-controlling interests totaled $11.01 billion as of March 31, 2025, up from $10.77 billion at the end of 2024. The majority ($10.74 billion) relates to participating interests in operating subsidiaries held by third parties, including various Brookfield-sponsored infrastructure funds Composition of Non-controlling Interests (in millions) | Category | March 31, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Participating non-controlling interests – in operating subsidiaries | $10,737 | $10,508 | | Participating non-controlling interests – in a holding subsidiary | $269 | $259 | | **Total** | **$11,006** | **$10,767** | [Note 8: Exchangeable Shares](index=21&type=section&id=8.%20BEPC%20Exchangeable%20Shares%2C%20BRHC%20Exchangeable%20Shares%2C%20Class%20A.2%20Exchangeable%20Shares%2C%20BRHC%20Class%20B%20Shares%20and%20BRHC%20Class%20C%20Shares) Various classes of exchangeable shares are classified as financial liabilities due to their redemption features and are remeasured based on the market price of BEP units. As of March 31, 2025, the total financial liability for these shares was $8.38 billion, down from $8.60 billion at year-end 2024, primarily due to a remeasurement loss of $223 million - BEPC exchangeable shares, BRHC class B and C shares, and class A.2 exchangeable shares are classified as liabilities and remeasured to reflect the NYSE closing price of a BEP unit[75](index=75&type=chunk)[78](index=78&type=chunk) Continuity of Exchangeable Shares Liability (in millions) | Item | Amount | | :--- | :--- | | Balance, as at December 31, 2024 | $8,600 | | Share exchanges | $0 | | Remeasurement of liability | $(223) | | **Balance, as at March 31, 2025** | **$8,377** | - During Q1 2025, the company declared dividends of **$68 million** on BEPC and class A.2 exchangeable shares and **$95 million** on BRHC class C shares, which are presented as interest expense[80](index=80&type=chunk) [Note 9: Goodwill](index=23&type=section&id=9.%20Goodwill) Goodwill increased to $727 million as of March 31, 2025, from $692 million at the end of 2024, with the change attributed to foreign exchange and other adjustments Goodwill Reconciliation (in millions) | Item | Amount | | :--- | :--- | | Balance, as at December 31, 2024 | $692 | | Foreign exchange and other | $35 | | **Balance, as at March 31, 2025** | **$727** | [Note 10: Equity-Accounted Investments](index=23&type=section&id=10.%20Equity-accounted%20investments) The value of equity-accounted investments rose to $774 million as of March 31, 2025, from $753 million at year-end 2024. The increase reflects a new investment of $20 million, offset by a share of net loss of $2 million Equity-Accounted Investments Reconciliation (in millions) | Item | Amount | | :--- | :--- | | Balance, as at December 31, 2024 | $753 | | Investment | $20 | | Share of net loss | $(2) | | Foreign exchange translation and other | $3 | | **Balance, as at March 31, 2025** | **$774** | [Note 15: Commitments, Contingencies and Guarantees](index=24&type=section&id=15.%20Commitments%2C%20contingencies%20and%20guarantees) As of March 31, 2025, the company had capital expenditure commitments of $631 million, primarily for growth initiatives. Additionally, letters of credit issued by the company's subsidiaries totaled $1.009 billion - The company has capital expenditure commitments of **$631 million**, with **$272 million** payable in 2025[92](index=92&type=chunk) - Letters of credit issued by subsidiaries as at March 31, 2025 were **$1,009 million**, slightly up from $1,002 million at year-end 2024[98](index=98&type=chunk) [Note 16: Related Party Transactions](index=25&type=section&id=16.%20Related%20party%20transactions) The company engages in significant transactions with its parent, the partnership, and Brookfield. Key transactions in Q1 2025 included $130 million in interest expense on borrowings and distributions to related parties. As of March 31, 2025, amounts due from related parties were $1.2 billion, while amounts due to related parties were $1.06 billion - In connection with the December 2024 Arrangement, the company entered into deposit and credit agreements with subsidiaries of the partnership, including a **$150 million** revolving credit facility[104](index=104&type=chunk) Key Related Party Transactions - Income Statement (Q1 2025, in millions) | Item | Amount | | :--- | :--- | | Revenues (Power purchase agreements) | $24 | | Interest income | $10 | | Direct operating costs | $(15) | | Interest expense (Borrowings and distributions) | $(130) | | Management service costs | $(23) | Related Party Balances (March 31, 2025, in millions) | Balance | Amount | | :--- | :--- | | Due from related parties (Current) | $1,197 | | Due to related parties (Current) | $521 | | Due to related parties (Non-current) | $535 | [General Information](index=29&type=section&id=General%20Information) [Corporate and Investor Information](index=29&type=section&id=Corporate%20and%20Investor%20Information) This section provides essential corporate details, including the head office address in New York, key officers such as CEO Connor Teskey and CFO Patrick Taylor, and the board of directors. The company's exchangeable shares are listed on the NYSE and TSX under the ticker 'BEPC' - Key Officers: Connor Teskey (Chief Executive Officer), Patrick Taylor (Chief Financial Officer)[114](index=114&type=chunk) - The company's exchangeable shares are listed on the New York Stock Exchange (NYSE) and the Toronto Stock Exchange (TSX) under the symbol '**BEPC**'[115](index=115&type=chunk)

Core Insights - Brookfield Renewable Partners reported strong financial results for Q1 2025, achieving record Funds From Operations (FFO) of $315 million, or $0.48 per unit, reflecting a 15% increase year-over-year when adjusted for strong hydro generation last year [2][25]. - The company is advancing growth initiatives, including the acquisition of National Grid Renewables and the completion of the privatization of Neoen, which enhances its operational capacity and market position [2][5][20]. - The energy market fundamentals remain robust, driven by digitalization and reindustrialization, despite global tariff uncertainties impacting market sentiment [3][6]. Financial Performance - For the three months ended March 31, 2025, Brookfield Renewable reported a net loss attributable to unitholders of $197 million, compared to a loss of $120 million in the same period last year [3][50]. - The company’s FFO per unit increased by 7% year-over-year, supported by stable, inflation-linked cash flows from its diversified global operating fleet [3][25]. - Revenues for the quarter reached $1.58 billion, up from $1.49 billion in Q1 2024, indicating a positive trend in operational performance [50]. Growth Initiatives - The company has a diversified global platform with nearly 45,000 megawatts of operating capacity, with approximately 90% of its portfolio contracted for an average duration of 14 years [8][14]. - Brookfield Renewable is actively pursuing asset recycling, having closed and agreed to the sale of $900 million in assets during the quarter, which is expected to generate significant proceeds [4][22][23]. - The acquisition of National Grid Renewables adds 3,900 megawatts of operating and under-construction assets, enhancing Brookfield's growth pipeline [17][18]. Market Positioning - The current market environment presents opportunities for well-capitalized companies like Brookfield Renewable to extend their leadership position amid public market valuation declines for renewable energy companies [16][24]. - The company’s strategic positioning, strong balance sheet, and access to capital allow it to capitalize on market bifurcation and pursue value-accretive acquisitions [14][24]. - Brookfield Renewable's diversified supply chain and proactive measures to mitigate tariff impacts position it favorably against competitors in the renewable sector [10][11]. Operational Highlights - The hydroelectric segment generated FFO of $163 million, while wind and solar segments contributed $149 million, benefiting from newly commissioned capacity [26][28]. - The distributed energy, storage, and sustainable solutions segments performed well, generating a combined $126 million of FFO, doubling from the prior year [29]. - The company expects to bring on approximately 8,000 megawatts of new renewable capacity in 2025, further enhancing its operational footprint [4][25].