Strong Financial Performance
FFO per unit increased by 15% year over year, and on an all-in basis increased 7% per unit year over year.
Significant Development and Commissioning
Progressed delivery of projects to Microsoft under a renewable energy framework agreement and commissioned approximately 800 megawatts of renewable energy capacity in the quarter.
Strategic Acquisitions
Completed the privatization of Naoen and reached an agreement to acquire National Grid Renewables, enhancing the development pipeline.
Resilient Supply Chain Management
Well equipped to navigate supply chain challenges with global relationships and increased purchases from domestic US manufacturers.
Strong Demand for Hydro and Renewable Energy
Strong demand for hydro generation from utility customers and corporate partners, expecting to contract at strong prices.