Brookfield Renewable to Issue C$450 Million in Green Bonds

Brookfield Renewable ( (BEPC) ) has issued an update.

Brookfield Renewable has announced the issuance of C$450 million in green bonds, marking its sixteenth green-labelled corporate securities issuance in North America. The proceeds from these bonds will be used to fund eligible investments under its Green Financing Framework, which includes repaying related indebtedness. This move is expected to strengthen Brookfield Renewable’s position in the renewable energy sector by supporting its sustainable investment initiatives.

More about Brookfield Renewable

Brookfield Renewable operates one of the world’s largest publicly traded platforms for renewable power and sustainable solutions. Their portfolio includes hydroelectric, wind, utility-scale solar, and storage facilities, as well as investments in nuclear services, carbon capture, agricultural renewable natural gas, materials recycling, and eFuels manufacturing. It is the flagship renewable power and transition company of Brookfield Asset Management, a global alternative asset manager with over $1 trillion in assets under management.

YTD Price Performance: 1.40%

Average Trading Volume: 1,009,308

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $9.39B

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