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Brookfield and Google Forge Historic Hydro Power Agreement

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Brookfield and Google Forge Historic Hydro Power Agreement

Elevate Your Investing Strategy:

Brookfield Renewable Partners ( ($TSE:BEP.UN) ) has shared an update.

On July 15, 2025, Brookfield Renewable Partners and Google announced a groundbreaking Hydro Framework Agreement to deliver up to 3,000 MW of carbon-free hydroelectric capacity across the United States, marking the world’s largest corporate clean power deal for hydroelectricity. The initial contracts involve Brookfield’s Holtwood and Safe Harbor facilities in Pennsylvania, valued at over $3 billion for 670 MW of capacity, supporting Google’s 24/7 carbon-free energy goals and enhancing Brookfield’s strategy to provide clean energy solutions to the technology sector.

The most recent analyst rating on ($TSE:BEP.UN) stock is a Buy with a C$31.00 price target. To see the full list of analyst forecasts on Brookfield Renewable Partners stock, see the TSE:BEP.UN Stock Forecast page.

Spark’s Take on TSE:BEP.UN Stock

According to Spark, TipRanks’ AI Analyst, TSE:BEP.UN is a Neutral.

Brookfield Renewable Partners has strengths in operational efficiency and strategic planning, evidenced by revenue growth and recent corporate initiatives like green bond issuance. However, significant financial risks, including negative net income and high leverage, weigh heavily on the stock’s overall score. While the high dividend yield offers some investor appeal, the stock’s technical indicators and valuation metrics suggest caution. Overall, the company needs to address its financial structure and profitability to improve its stock performance.

To see Spark’s full report on TSE:BEP.UN stock, click here.

More about Brookfield Renewable Partners

Brookfield Asset Management is a leading global alternative asset manager headquartered in New York, managing over $1 trillion in assets. It focuses on real assets and essential service businesses, offering a range of alternative investment products to various investors worldwide. Brookfield Renewable Partners, part of Brookfield Asset Management, is one of the largest publicly traded platforms for renewable power and sustainable solutions, with a portfolio that includes hydroelectric, wind, solar, and storage facilities.

Average Trading Volume: 266,060

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$23.01B

For a thorough assessment of BEP.UN stock, go to TipRanks’ Stock Analysis page.

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