Brookfield Renewable Reports Strong Third Quarter Results
Key Highlights
- ➤Q3 FFO $346 million, up 15% year-over-year, or $0.51 per unit
- ➤Boralex acquisition closed for approximately $1.9 billion, $485 million net
- ➤Aypa acquisition closed post-quarter for approximately $3 billion, $420 million net
- ➤Capital recycling transactions expected to generate $2.8 billion, $850 million net
- ➤Westinghouse operating-plant EBITDA rose over 20% year-to-date
Expert Statements
Connor Teskey, CEO of Brookfield Renewable
“We continue to execute on our strategic initiatives, delivering strong results and advancing our growth plans. We successfully closed our acquisitions of Boralex and Aypa, adding leading renewable power and battery storage platforms in strategic markets and further strengthening our position as a global leader in energy solutions.”
Connor Teskey, CEO of Brookfield Renewable
“We also continue to scale our capital recycling program, signing or closing sales since the end of the second quarter that will generate approximately $2.8 billion of proceeds, or $850 million net to Brookfield Renewable, at strong returns.”
Connor Teskey, CEO of Brookfield Renewable
“As demonstrated in recent quarters, our leading development capabilities and ongoing asset recycling program has created a recurring, sizeable and incremental earnings driver for our business that will continue to scale going forward.”
Connor Teskey, CEO of Brookfield Renewable
“Our large and diverse operating fleet, ability to execute attractive investment opportunities and diverse funding model positions us to capitalize on the growing demand for scale power and deliver long-term value for our investors.”
BROOKFIELD, News, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners L.P. (NYSE: BEP; TSX: BEP.UN) (“Brookfield Renewable Partners”, "BEP") today reported financial results for the three months ended September 30, 2026.
“We continue to execute on our strategic initiatives, delivering strong results and advancing our growth plans. We successfully closed our acquisitions of Boralex and Aypa, adding leading renewable power and battery storage platforms in strategic markets and further strengthening our position as a global leader in energy solutions,” said Connor Teskey, CEO of Brookfield Renewable.
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