Brookfield RenewableBEP
About: Brookfield Renewable is a globally diversified, multitechnology owner and operator of clean energy assets. The company's portfolio consists of hydroelectric, wind, solar, and storage facilities in North America, South America, Europe, and Asia and totals over 20 gigawatts of installed capacity. Brookfield Renewable invests in assets directly, as well as with institutional partners, joint venture partners, and through other arrangements. The company offers two separate listings for investors: Brookfield Renewable Partners and Brookfield Renewable Corp.
Employees: 4,770
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
81% more capital invested
Capital invested by funds: $2.83B [Q2] → $5.11B (+$2.28B) [Q3]
60% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 15
50% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 3 (+1) [Q3]
24.23% more ownership
Funds ownership: 39.49% [Q2] → 63.72% (+24.23%) [Q3]
21% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 56
11% more call options, than puts
Call options by funds: $7.1M | Put options by funds: $6.41M
1% more funds holding
Funds holding: 215 [Q2] → 218 (+3) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Scotiabank Robert Hope 17% 1-year accuracy 1 / 6 met price target | 31%upside $28 | Sector Outperform Maintained | 23 Jan 2025 |
JP Morgan Mark Strouse 37% 1-year accuracy 19 / 52 met price target | 31%upside $28 | Overweight Maintained | 23 Jan 2025 |
CIBC Mark Jarvi 0% 1-year accuracy 0 / 2 met price target | 50%upside $32 | Outperformer Maintained | 8 Jan 2025 |
Financial journalist opinion
Based on 32 articles about BEP published over the past 30 days
