Brookfield Renewable Reports Q3 Revenue Growth and Increased Funds From Operations
Brookfield Renewable Corporation (BEPC) reported strong third-quarter financial results, highlighted by a 22.4% year-over-year increase in revenue, reaching $1.14 billion. The company saw significant growth in its Funds From Operations (FFO), which rose to $251 million for the quarter compared to $171 million in the prior year period. The nine-month FFO also showed substantial improvement, climbing to $721 million from $508 million. While revenue and FFO saw upward trends, operating cash flow experienced a slight decline, totaling $253 million compared to $259 million in the same quarter last year.
Topics: cash flow FFO increase quarterly earnings revenue growth
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Part of the story Brookfield Renewable Partners Reports Q3 Revenue Beat and 15% FFO Growth (3 articles)