Brookfield Renewable Energy Partners (BEP) reported $0.03 in profits per share for the second quarter, which was $0.04 less than the $0.01 analysts had projected the Company would make (NYSE: BEP). In addition, the revenue for the third quarter came in at $997 million, which fell short of the average projection of $1.14 billion for that period. Follow this link to see Brookfield Renewable Energy Partners (BEP) complete earnings history and information about earnings.
BEP is a diversified renewable energy company that generates clean energy from wind and solar. The Company owns and operates assets in the United States and the Caribbean, including current and solar photovoltaic assets in Massachusetts, New York, Pennsylvania, Maryland, Connecticut, Hawaii, and Exelon’s Caribbean assets. The Company’s assets comprise a wind portfolio of 131 turbines in Texas and New Mexico and a solar photovoltaic (PV) portfolio of 21 plants in Massachusetts and New York. BEP’s diversified, asset-backed business model reduces the Company’s vulnerability to changes in the commodities markets while also providing a stable dividend to investors.