Brookfield Renewable (BEPC) Company Report

Analyst Coverage

Research analysts who have asked questions during Brookfield Renewable earnings calls.

Mark Jarvi

CIBC Capital Markets

6 questions for BEPC

Also covers: AQN, AY, BEP +6 more

Nelson Ng

RBC Capital Markets

6 questions for BEPC

Also covers: AQN, AY, BBU +3 more

Sean Steuart

TD Securities

6 questions for BEPC

Also covers: AQN, BEP, LPX +2 more

Robert Hope

Scotiabank

5 questions for BEPC

Also covers: AQN, ATGFF, BEP +10 more

Benjamin Pham

BMO Capital Markets

3 questions for BEPC

Also covers: AQN, ATGFF, BEP +8 more

Baltej Sidhu

National Bank of Canada

2 questions for BEPC

Also covers: BEP

Mark W. Strouse

J.P. Morgan Chase & Co.

2 questions for BEPC

Also covers: ARRY, BE, BEP +15 more

Rupert Merer

National Bank Financial, Inc.

2 questions for BEPC

Also covers: AQN, BEP, BLDP +2 more

William Grippin

UBS Group AG

2 questions for BEPC

Also covers: AMRC, AY, BEP +7 more

Anthony Crowdell

Mizuho Financial Group

1 question for BEPC

Also covers: AEE, AEP, AES +30 more

Christine Cho

Goldman Sachs Group

1 question for BEPC

Also covers: BEP, BLMN, BROS +22 more

Jessica Hoyle

Scotiabank

1 question for BEPC

Also covers: AQN, BEP, SOBO +1 more

Jon Windham

UBS Group AG

1 question for BEPC

Also covers: ARRY, BEP, GFL +3 more

Mark Wesley Strouse

JPMorgan Chase & Co

1 question for BEPC

Latest news

Recent press releases and 8-K filings for BEPC.

Brookfield Renewable Corporation Reports Q3 2025 Financial Results and Strategic Transactions

BEPC

Earnings

M&A

Delisting/Listing Issues

Brookfield Renewable Corporation reported a net loss of $225 million for the three months ended September 30, 2025, and a net loss of $1,677 million for the nine months ended September 30, 2025.
Revenues for the third quarter of 2025 were $931 million, and $2,790 million for the nine months ended September 30, 2025.
Cash flow from operating activities was $259 million for the three months ended September 30, 2025, and $508 million for the nine months ended September 30, 2025.
The company completed a corporate Arrangement on December 24, 2024, which involved Brookfield Renewable Corporation becoming the successor issuer to the former BEPC and the delisting of BRHC's class A exchangeable subordinate voting shares.
During the third quarter of 2025 and subsequently, the company agreed to acquire an incremental 15% ownership in Isagen S.A. E.S.P. for up to $1 billion (company's share $900 million) and agreed to sell interests in a 403 MW hydroelectric portfolio and a 700 MW distributed generation portfolio for expected proceeds of approximately $490 million each.

Nov 5, 2025, 9:37 PM

6-K

Brookfield Renewable Reports Strong Q3 2025 FFO and Strategic Nuclear Partnership

BEPC

Earnings

New Projects/Investments

Revenue Acceleration/Inflection

Brookfield Renewable (BEPC) generated $302 million in Funds From Operations (FFO) or $0.46 per unit in Q3 2025, marking a 10% year-over-year increase, and anticipates meeting its 10%+ FFO per unit growth target for 2025.
The company announced a strategic partnership between the U.S. government and Westinghouse, involving an aggregate investment of at least $80 billion from the U.S. government to order new Westinghouse nuclear reactors for construction in the United States.
BEPC advanced its growth initiatives by commissioning 1,800 MW of new projects and securing contracts to deliver an additional 4,000 GWh per year of generation during the quarter.
Accelerating demand from hyperscalers is creating significant opportunities, including increased interest in BEPC's hydro capacity, with five terawatt hours of generation available for recontracting, and a new 20-year contract signed with Microsoft for a hydro asset.

Nov 5, 2025, 2:00 PM

Transcript

BEPC Reports Strong Q3 2025 FFO and Announces Major Nuclear Partnership

BEPC

Earnings

New Projects/Investments

Revenue Acceleration/Inflection

Brookfield Renewable (BEPC) reported $302 million in FFO, or $0.46 per unit, for Q3 2025, representing a 10% year-over-year increase, and continues to target 10%+ FFO per unit growth for 2025.
In October 2025, BEPC's Westinghouse subsidiary announced a strategic partnership with the U.S. government, which intends to invest at least $80 billion in new Westinghouse nuclear reactors in the United States. This partnership is expected to contribute significant earnings growth to Westinghouse, with revenues starting in the next couple of quarters and ramping up over 3-4 years.
The company commissioned 1,800 megawatts of new projects and signed contracts for an additional 4,000 gigawatt-hours per year of generation during Q3 2025. Accelerating demand from hyperscalers and reindustrialization is driving growth across nuclear, hydro, and battery storage, with nuclear projects targeting returns significantly above the company's 12-15% blended target.

Nov 5, 2025, 2:00 PM

Transcript

BEPC Reports Strong Q3 2025 FFO and Announces Major Nuclear Partnership

BEPC

Earnings

New Projects/Investments

Guidance Update

Brookfield Renewable (BEPC) generated $302 million of FFO, or $0.46 per unit, in Q3 2025, marking a 10% year-over-year increase, and continues to expect to deliver on its 10%+ FFO per unit growth target for 2025.
The company announced a strategic partnership between Westinghouse and the U.S. government, under which the U.S. government will order new Westinghouse nuclear power reactors to be built in the United States with an aggregate investment value of at least $80 billion. This agreement aims to reinvigorate the nuclear power industrial base and is expected to contribute significant earnings growth to Westinghouse, with its energy systems division historically operating at at least a 20% margin during development and construction.
Brookfield is experiencing accelerating demand for power from hyperscalers, leading to increased opportunities in hydro capacity, including a new 20-year contract with Microsoft for a hydro asset, and has advanced its battery storage strategy with the delivery of a 340-megawatt battery in Australia.
Nuclear currently represents approximately 5% of Brookfield Renewable's FFO but is expected to grow, with target returns for nuclear projects being well and meaningfully above the 12-15% blended target for the business.