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Brookfield Renewable Announces Secondary Public Offering
Brookfield Renewable Partners L.P.February 8, 2021 GMT
BROOKFIELD, News, Feb. 08, 2021 (GLOBE NEWSWIRE) Brookfield Renewable Partners L.P. (the “Partnership”) (NYSE: BEP; TSX: BEP.UN), Brookfield Renewable Corporation (“BEPC” and together with the Partnership, “Brookfield Renewable”) (NYSE/TSX: BEPC) and Brookfield Asset Management Inc. (“Brookfield Asset Management”) (NYSE: BAM; TSX: BAM.A) announced today the commencement of a proposed secondary public offering of 15,000,000 class A exchangeable subordinate voting shares (the “Exchangeable Shares”) of BEPC by subsidiaries of Brookfield Asset Management (the “Selling Shareholders”). The Selling Shareholders expect to grant the underwriters a 30-day option to purchase up to 2,250,000 additional Exchangeable Shares. Brookfield Renewable is not selling any E
Brookfield Renewable Announces Record Results and 5% Distribution Increase padovanews.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from padovanews.it Daily Mail and Mail on Sunday newspapers.
Data source: Brookfield Renewable.
Brookfield Renewable generated 10% more electricity than the prior year, which helped power a double-digit surge in cash flow. The company benefited from the strong results of its wind, solar, and energy transition business units:
Data source: Brookfield Renewable. Chart by author.
FFO from Brookfield s hydroelectric operations dipped 1.3% during the fourth quarter and was down 6.8% for the full year. The primary issue was drier conditions across its fleet, especially in areas where it has higher-valued contracts.
FFO from its wind and solar businesses surged 93.8% and 225%, respectively, during the fourth quarter and were up a combined 51% for the full year. Brookfield benefited from acquisitions primarily buying the rest of TerraForm Power that it didn t already own and the commissioning of 440 megawatts (MW) of development projects during the year.
Home / Top News / Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at January 31, 2021
Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at January 31, 2021
HOUSTON, Feb. 01, 2021 (GLOBE NEWSWIRE) Kayne Anderson NextGen Energy & Infrastructure, Inc. (the “Fund”) (NYSE: KMF) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of January 31, 2021.
As of January 31, 2021, the Fund’s net assets were $366 million and its net asset value per share was $7.74. As of January 31, 2021, the Fund’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 469% and the Fund’s asset coverage rat