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Mark Jarvey

Managing Director and Equity Research Analyst at CIBC

Mark Jarvey is a Managing Director and Equity Research Analyst at CIBC Capital Markets, specializing in the Canadian utilities and infrastructure sectors. He covers major companies such as Emera, Fortis, Hydro One, Algonquin Power, and Canadian Utilities, and has consistently delivered investment recommendations with strong returns, ranking among the more accurate analysts in his coverage group. Jarvey began his career in equity research over a decade ago, joining CIBC after previous roles within the financial industry and holds a Bachelor of Commerce from Queen's University. He is registered with IIROC, holds recognized securities licenses in Canada, and is a CFA charterholder.

Mark Jarvey's questions to Brookfield Renewable Partners (BEP) leadership

Question · Q3 2025

Mark Jarvey asked if the U.S. government would bear all cost overruns for new nuclear builds and about engagement with other stakeholders. He also questioned the timeline for a binding agreement for the U.S. government partnership.

Answer

Connor Teskey (CEO, BEP) clarified that under the U.S. government partnership, the government bears cost overrun risk and financing, with Westinghouse acting as a technology provider. For other opportunities like Santee Cooper, BEP is exploring socializing cost overruns with various stakeholders, who have shown robust interest. Mr. Teskey stated that the binding agreement for the U.S. government opportunity is expected within 90 days of the announcement, around year-end.

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