Brookfield Renewable Issues C$250 Million in Green Hybrid Notes

Brookfield Renewable ( (BEPC) ) has provided an announcement.

Brookfield Renewable announced the issuance of C$250 million in Green Subordinated Hybrid Notes, marking its seventeenth green securities issuance in North America. The proceeds will fund eligible investments under its Green Financing Framework, enhancing its commitment to sustainable energy solutions.

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 faces significant financial challenges, including high leverage and negative profitability, which weigh heavily on its overall score. However, the company’s positive guidance and strategic growth initiatives, as highlighted in the earnings call, provide optimism for future performance. Technical indicators show moderate bullishness, and the attractive dividend yield compensates for valuation concerns to some extent.

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

More about Brookfield Renewable

Brookfield Renewable operates one of the world’s largest publicly traded platforms for renewable power and sustainable solutions. Its portfolio includes hydroelectric, wind, utility-scale solar, and storage facilities, as well as investments in nuclear services, carbon capture, agricultural renewable natural gas, materials recycling, and eFuels manufacturing.

Average Trading Volume: 1,040,041

Technical Sentiment Signal: Buy

Current Market Cap: $5.2B

See more insights into BEPC stock on TipRanks’ Stock Analysis page.