BRIEF-Brookfield Renewable To Increase Stake In A Strategic Portfolio Of Hydro Assets

Reuters
19 Jul
BRIEF-<a href="https://laohu8.com/S/BEPC">Brookfield Renewable</a> To Increase Stake In A Strategic Portfolio Of Hydro Assets

July 18 (Reuters) - Brookfield Renewable Partners LP BEP.N:

  • BROOKFIELD RENEWABLE TO INCREASE STAKE IN A STRATEGIC PORTFOLIO OF HYDRO ASSETS

  • BROOKFIELD RENEWABLE CORP - WILL INVEST UP TO $1 BILLION TO INCREASE ITS EQUITY INTEREST TO APPROXIMATELY 38% IN ISAGEN S.A. E.S.P.

  • BROOKFIELD RENEWABLE CORP: TRANSACTION IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO BROOKFIELD RENEWABLE'S FFO PER UNIT

  • BROOKFIELD RENEWABLE CORP: TRANSACTION ALSO ANTICIPATED TO BE ABOUT 2% ACCRETIVE TO 2026 FFO PER UNIT

  • BROOKFIELD RENEWABLE CORP - QATAR INVESTMENT AUTHORITY WILL INVEST AROUND $500 MILLION AND INCREASE ITS EQUITY INTEREST IN ISAGEN TO APPROXIMATELY 15%

Source text: ID:nGNX22xybV

Further company coverage: BEP.N

((Reuters.Briefs@thomsonreuters.com;))

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