tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Brookfield and Google Forge Landmark Hydro Power Deal

Story Highlights
  • Brookfield and Google signed a Hydro Framework Agreement for 3,000 MW of hydroelectric power.
  • The agreement includes $3 billion in contracts for 670 MW from Pennsylvania facilities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Brookfield and Google Forge Landmark Hydro Power Deal

Elevate Your Investing Strategy:

Brookfield Renewable ( (BEPC) ) just unveiled an update.

On July 15, 2025, Brookfield Renewable and Google announced a groundbreaking Hydro Framework Agreement (HFA) to provide up to 3,000 MW of hydroelectric power in the U.S., marking the largest corporate clean power deal for hydroelectricity. The agreement, which includes $3 billion in contracts for 670 MW from facilities in Pennsylvania, aims to support Google’s 24/7 carbon-free energy goals and enhance Brookfield’s clean energy offerings. This collaboration underscores the role of hydropower in meeting the energy demands of the technology sector and strengthens Brookfield’s position in the renewable energy market.

The most recent analyst rating on (BEPC) stock is a Buy with a $34.00 price target. To see the full list of analyst forecasts on Brookfield Renewable stock, see the BEPC Stock Forecast page.

Spark’s Take on BEPC Stock

According to Spark, TipRanks’ AI Analyst, BEPC is a Neutral.

Brookfield Renewable’s overall stock score is influenced primarily by its positive earnings call and technical analysis indicators, both of which indicate potential for growth and investor interest. However, financial performance poses some risks due to profitability challenges and high leverage. The valuation is mixed, with a negative P/E ratio offset by a solid dividend yield.

To see Spark’s full report on BEPC stock, click here.

More about Brookfield Renewable

Brookfield Renewable Partners L.P. operates as part of Brookfield Asset Management, a global alternative asset manager with over $1 trillion in assets. Brookfield Renewable is one of the largest publicly traded platforms for renewable power, with a portfolio including hydroelectric, wind, solar, and storage facilities. The company focuses on delivering sustainable energy solutions globally, catering to various investors such as pension plans, sovereign wealth funds, and private wealth investors.

Average Trading Volume: 924,284

Technical Sentiment Signal: Buy

Current Market Cap: $5.9B

Find detailed analytics on BEPC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1