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Brookfield Renewable Partners L.P. (T:BEP.UN)

Business Focus: N/A

Sector:  Utilities Industry:  Electric Utilities
 
Company Contact
Address: 73 Front Street, Fifth Floor
HAMILTON HM 12
Tel: 1-833-2360278
Website: https://www.bep.brookfield.com
IR: See website
Key People
Connor D. Teskey
Chief Executive Officer of the General Partner
Wyatt Kennard Herbert Hartley
Chief Financial Officer of the General Partner
Jennifer Alison Mazin
General Counsel of the General Partner
Business Overview
Brookfield Renewable Partners L.P. is a Bermuda-based globally diversified, multi-technology, owner and operator of clean energy and sustainable solutions assets. The Company's segments include hydroelectric, wind, utility-scale solar and distributed energy, and storage, which includes distributed generation and pumped storage, sustainable solutions, and corporate. Its sustainable solutions include renewable natural gas, carbon capture and storage, recycling, cogeneration biomass, nuclear services, and power transformation. It has approximately 33,000 megawatts of renewable power operating capacity and an approximately 155,000-megawatt development pipeline. The Company's portfolio of sustainable solutions includes investment in businesses with an operating portfolio of 47 thousand metric tons per annum of carbon capture and storage, three million Metric Million British thermal units of agricultural renewable natural gas. It is also engaged in the nuclear service business.
Financial Overview
For the fiscal year ended 31 December 2023, Brookfield Renewable Partners LP revenues increased 8% to $4.92B. Net loss applicable to common stockholders decreased 45% to $91M. Revenues reflect Unallocated segment increase of 7% to $2.21B, Hydroelectric segment increase of 9% to $1.56B. Lower net loss reflects Foreign exchange increase from $123M (expense) to $502M (income), Other increase from $25M to $470M (income).
Employees: 2,875 as of Dec 31, 2021
Reporting Currency: U.S. Dollars
Enterprise value: $48,767M as of Dec 31, 2023
Annual revenue (TTM): $6,738M as of Dec 31, 2023
EBITDA (TTM): $4,671M as of Dec 31, 2023
Net annual income (TTM): -$124.65M as of Dec 31, 2023
Free cash flow (TTM): -$2,649M as of Dec 31, 2023
Net Debt Last Fiscal Year: $39,523M as of Dec 31, 2023
Shares outstanding: 287,053,195 as of Mar 1, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization