Brief: Brookfield Renewable To Increase Stake In A Strategic Portfolio Of Hydro Assets
18/07/2025 23:26
July 18 (Reuters) - Brookfield Renewable Partners LP BEP.N: BROOKFIELD RENEWABLE TO INCREASE STAKE IN A STRATEGIC PORTFOLIO OF HYDRO ASSETS BROOKFIELD RENEWABLE CORP - WILL INVEST UP TO $1 BILLION TO INCREASE ITS EQUITY INTEREST TO APPROXIMATELY 38% IN ISAGEN S.A. E.S.P. BROOKFIELD RENEWABLE CORP: TRANSACTION IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO BROOKFIELD RENEWABLE'S FFO PER UNIT BROOKFIELD RENEWABLE CORP: TRANSACTION ALSO ANTICIPATED TO BE ABOUT 2% ACCRETIVE TO 2026 FFO PER UNIT BROOKFIELD RENEWABLE CORP - QATAR INVESTMENT AUTHORITY WILL INVEST AROUND $500 MILLION AND INCREASE ITS EQUITY INTEREST IN ISAGEN TO APPROXIMATELY 15% Source text: ID:nGNX22xybV Further company coverage: BEP.N ((Reuters.Briefs@thomsonreuters.com;))
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Brief: Brookfield Renewable To Increase Stake In A Strategic Portfolio Of Hydro Assets