In April 2022, Brookfield purchased CDK Global ("CDK"), a provider of software to car dealerships, for $6.41 billion. Then, on June 19, 2024, CDK announced that it was investigating a cyber incident and had shut down all of its systems proactively, significantly disrupting operations at car dealerships across the U.S. and Canada. CDK subsequently acknowledged that it had been the victim of a cyberattack and that its systems were hacked a second time as it tried to restore services. Pomerantz LLP, with offic ...

The story of Brookfield Renewable starts with Brookfield Asset Management, which still retains a large position in the company. Brookfield Asset Management specializes in creating investment vehicles that track unique assets. In this case, Brookfield Renewable is designed to invest in, build, and operate renewable energy projects such as wind, solar, and hydro generation facilities. Brookfield Renewable stock has huge long-term upside potential. Is now the time to buy? Understand this one thing first Previo ...

Brookfield Renewable Partners earned almost $1.5 billion in revenue for the quarter, annualized at almost $6 billion, or $6.6 billion counting Neoen. The company has continued to generate strong FFO of almost $1.2 billion annualized, an 8% YoY increase. The company has 33.6 GW with 20.3 TWh of generation, and 22.5 TWh in long-term average generation. The company's proportional actual generation was almost 8.5 TWh, with 2.2 TWh of generation to be added from Necen. Brookfield Renewable Partners has substanti ...

In accordance with the Corporation's articles, each Exchangeable Share was entitled to one vote per share, representing a 25% voting interest in the Corporation in the aggregate, and the Class B Shares were entitled to a total of 538,938,909 votes in the aggregate, representing a 75% voting interest in the Corporation. | --- | --- | --- | --- | |---------------------------|-------------|---------------------|-------| | Director Nominee | Votes For | Votes Withheld | % | | Jeffrey Blidner | 620,924,428 | 93. ...

II DakotaSmith Brookfield Real Assets Income Fund Inc. (NYSE:RA) is a closed end fund, or CEF; that aims to earn a high total return. The total return metric comprises income and capital appreciation. RA primarily targets current income, with capital gains being secondary. As its name suggests, this fund invests in real assets and that includes securities of infrastneture, real estate and natural resources companies. The globe is its oyster, and it scouts both the equity and fixed income pools for its portf ...

BROOKFIELD, NEWS, June 20, 2024 (GLOBE NEWSWIRE) -- Brookfield Business Corporation (the "Corporation") (NYSE, TSX: BBUC) today announced that all ten nominees proposed for election to the board of directors of the Corporation by holders of class A exchangeable subordinate voting shares ("Exchangeable Shares") and holders of class B multiple voting shares ("Class B Shares") were elected at the Corporation's annual general meeting of shareholders held on June 20, 2024 in a virtual meeting format. Detailed re ...

Brookfield Renewable is one entity among three that you need to understand if you are looking at this clean energy income stock. 1. Brookfield Renewable covers a lot of ground That hydroelectric exposure is worth highlighting because it is capable of providing baseload power, unlike solar and wind, which are intermittent sources. That creates a very strong foundation on which the company can grow the rest of its business. 2. Brookfield Renewable is run like an asset manager But there's a second big takeaway ...

StockByM/iStock via Getty Images Brookfield Renewable Partners (TSX:BEP.UN:CA) (NYSE:BEP) is a utility with approximately 32.1 GW of geographically diversified generation assets, with renewables representing around 97% of the total. The company's business model relies on stable cash flows, as 90% of the revenues are contracted under Power Purchase Agreements with a weighted average remaining life of 13 years. The recent increase in inflation, which remains relatively high, had a limited impact on the compan ...

artJazz Past Coverage Brookfield Renewable Partners Benefits From The Ongoing Green/Renewable Energy Investment Wave. While I do not believe that demand for oil and gas will decline in the foreseeable future -- I have several investments in the oil and gas space -- I do believe that green or renewable energy is a growth industry. Global energy demand is growing at a substantial pace, thus both traditional/fossil energy and green/renewable energy are needed. according to the International Energy Agency, driv ...

BROOKFIELD, NEWS, June 18, 2024 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Corporation (the "Corporation") (TSX, NYSE: BIPC) today announced that all eight nominees proposed for election to the board of directors by holders of class A exchangeable subordinate voting shares ("Exchangeable Shares") and holders of class B multiple voting shares ("Class B Shares") were elected at the Corporation's annual meeting of shareholders held on June 18, 2024 in a virtual meeting format. Detailed results of the vote f ...