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.
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