Brookfield Renewable Partners LP

BEP.UN: XTSE (CAN)
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Brookfield Renewable: Funds From Operations Up Strongly, but No Change to Valuation

Brookfield Renewable reported a new net loss of $229 million, but funds from operations were $375 million, up 19% year on year. Brookfield also signed or completed $2.8 billion in asset sales. The partnership units rose less than 1% on the trading day, while corporate shares declined nearly 3%.

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