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Brookfield Renewable’s Record Q1 and Major Microsoft Deal
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Brookfield Renewable’s Record Q1 and Major Microsoft Deal

Brookfield Renewable Corporation (BEPC) has released an update.

Brookfield Renewable Partners L.P. announced a strong start to 2024 with record first-quarter financial results, driven by solid performance and strategic growth initiatives, including a significant agreement with Microsoft to supply over 10.5 gigawatts of renewable energy. The company reported an 8% increase in Funds From Operations to $296 million, despite a net loss of $120 million due to non-cash expenses. These achievements underscore Brookfield Renewable’s role as a leading clean power provider in the rapidly growing digital economy.

For further insights into BEPC stock, check out TipRanks’ Stock Analysis page.

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