Brookfield Renewable Earnings Soar as Acquisitions Pay Big Dividends
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 surge...