Brookfield Renewable Set to Grow as Capital Deployment Accelerates, RBC Says

MT Newswires Live01:51

Brookfield Renewable Partners (BEP) is well positioned to deploy and recycle capital at attractive returns, RBC Capital Markets said in a note Monday.

Brookfield ended 2025 with solid results despite weaker generation through the year, RBC said.

Development momentum remains strong, RBC said, noting the company commissioned a record 8 gigawatts of capacity in 2025 and is targeting about 10 gigawatts in 2027.

RBC said demand for renewable energy from hyperscalers is at an all-time high, supported by framework agreements with tech companies.

The firm also highlighted opportunities across public companies, utility carve-outs, and smaller developers with sizable pipelines and limited funding.

RBC maintained its outperform rating on Brookfield Renewable and $35 price target.

Price: 30.20, Change: +0.36, Percent Change: +1.22

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