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Brookfield Renewable Launches C$400M Green Bond Offering

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Brookfield Renewable Launches C$400M Green Bond Offering

Brookfield Renewable (BEPC) has released an update.

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Brookfield Renewable has announced the issuance of C$400 million in green bonds, split between two series with interest rates of 5.417% and 4.959%, to fund environmentally beneficial investments. The bonds, rated BBB+ by major agencies, are set to close on July 17, 2024, and will support Brookfield’s substantial renewable power and sustainable solutions operations.

For further insights into BEPC stock, check out TipRanks’ Stock Analysis page.

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