Brookfield Renewable Reports Q1 Revenue Increase to $1.58B, Despite Net Loss of $197M; EPS Declines to -$0.35

Reuters
05-02
<a href="https://laohu8.com/S/BN">Brookfield</a> Renewable Reports Q1 Revenue Increase to $1.58B, Despite Net Loss of $197M; EPS Declines to -$0.35

Brookfield Renewable Partners LP reported its financial results for the first quarter ending March 31, 2025. The company's revenue for the period increased to $53 million from $52 million in the same quarter the previous year. Direct operating costs also saw a slight rise from $23 million to $24 million. The adjusted EBITDA showed a substantial increase, reaching $122 million compared to $43 million in the previous year. The Funds From Operations for the quarter amounted to $114 million, significantly up from $34 million in the prior year. Interest expenses decreased slightly from $8 million to $7 million. In terms of business updates, the company noted the recent completion of the sale of solar assets in Spain, which impacted the results compared to the previous year. The financial performance reflects Brookfield Renewable's continued focus on distributed energy and sustainable solutions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brookfield Renewable Partners LP published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001533232-25-000010), on May 02, 2025, and is solely responsible for the information contained therein.

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