Brookfield Renewable Partners’ Infrastructure Play Delivers Double-Digit Revenue Growth

Brookfield Renewable Partners L.P. offers a high 4.8% yield coupled with rising revenue and cash flow as AI giants sign huge deals for more clean power.

Brookfield Renewable Partners is strategically positioned at the intersection of two mega-trends: the explosive growth of artificial intelligence and the need for clean, reliable power. Global data centre power demand is expected to surge by the end of this decade, with AI infrastructure spending projected to keep growing rapidly in the coming years.

Unlike competitors focused solely on intermittent wind and solar, this firm’s diversified portfolio includes hydroelectric assets that provide dispatchable, carbon-free baseload power. That’s exactly what hyperscale data center operators like Google, Microsoft, Amazon, and Meta require for 24/7 operations. Brookfield’s landmark agreements with these technology giants provides exceptional revenue visibility and position the company as the premier renewable energy provider to the world’s most valuable companies.

BROOKFIELD RENEWABLE PARTNERS L.P. (Toronto symbol BEP.UN; www.bep.brookfield.com) owns 235 hydroelectric generating stations, 261 wind farms, 318 solar facilities, and 7,397 distributed generation and energy storage sites.

In July 2025, the company signed a groundbreaking Hydro Framework Agreement with Google to supply up to 3,000 megawatts (3 GW) of hydroelectric capacity in the U.S. The initial 20-year contracts for 670 megawatts from the Holtwood and Safe Harbor facilities in Pennsylvania. That represents more than $3 billion in contracted revenue, making this one of the largest hydropower purchase agreements ever signed.

What’s more, building on a May 2024 agreement, Brookfield will deliver more than 10.5 gigawatts of renewable energy capacity to Microsoft between 2026 and 2030 to power the tech giant’s AI and cloud services operations. This demonstrates Brookfield’s strategic positioning in meeting surging data center power demand.

Meanwhile, Brookfield will now invest up to $1 billion to increase its equity interest to approximately 38% in Isagen S.A. E.S.P.

[ofie_ad]

Isagen generates contracted cash flows from its large fleet of hydro assets on Colombia. In addition, Isagen also has a pipeline of renewable power projects.

The transaction is expected to be immediately add to Brookfield’s cash flow per unit. About 70% of Isagen’s power generation is contracted for an average of eight years.

As part of this transaction, Qatar Investment Authority, an existing co-investor in Isagen, will invest $500 million and increase its equity interest in Isagen to 15%. This investment aligns with Qatar Investment Authoritys commitment to invest in companies that support the global transition to a low-carbon future.

Brookfield Renewable Partners’ Rising Cash Flow Continues To Power Distribution Increases

In the quarter ended June 30, 2025, Brookfield’s revenue increased 14.2%, to $1.69 billion from $1.48 billion a year earlier (all amounts in U.S. dollars). The increase came from new plants plus acquisitions.

Cash flow rose 9.4%, to $371 million, or $0.56 a share, from $339 million, or $0.51

With the March 2025 payment, Brookfield raised your quarterly distribution by 5.1%. The new annual rate of $1.492 U.S. a unit yields a high 4.8%. The partnership aims to increase the annual payment by 5% to 9% each year.

Brookfield plans to invest between $8 billion and $9 billion over the next five years in new growth projects. The partnership cuts the risk of these new projects with long-term power supply contracts. In fact, 90% of its cash flow comes from contracts with an average term of 14 years. As well, 70% of its revenues are indexed to inflation.

Recommendation in Canadian Wealth Advisor: Brookfield Renewable Partners L.P. is a buy.

Copy
Link copied
Email
Print

Jim Bates

Jim is an associate editor at TSI Network. He is the lead reporter and analyst for The Successful Investor and Wall Street Stock Forecaster and a member of the Investment Planning Committee. Jim has held the Chartered Financial Analyst designation since 1992 and spent more than a decade at the Financial Post DataGroup before joining TSI Network. He has a Bachelor of Commerce degree from the University of Toronto.

Find 5 Safe Stocks to
Buy & Hold for Long-Term
Growth and Steady Income

No Credit Card Required

SEND ME THIS FREE REPORT

Testimonials

The cornerstones of Pat’s strategy–value, diversification and timelines–make his newsletter, The Successful Investor, highly profitable while minimizing risk. His advice is no-nonsense, down-to-earth and based on solid research. You’ll know what to invest in and what to avoid.

Chuck Chakrapani, PhD
Investors Association of Canada
The older I get the better dividends look. For retirees and would-be retirees who want to sleep at night, I can’t think of a better source of information on reliable growing dividend income than Pat McKeough’s newsletter, Dividend Advisor.

Jonathan Chevreau
Financial Post Columnist
As a manager of more than $500 million in mutual funds, I have access to the best brokerage research available in this country. But I still take time to read Pat McKeough’s premium newsletters

John Sartz
I appreciate the 25 years of above market returns I received by following your advice. at least 95% of my investment decisions were based on TSI recommendations.

Chuck J.
Subscriber since 1996. Inner Circle Member Since 2006
The newsletters I receive in Inner Circle Pro are fantastic! I have been following Pat’s advice for years and everything he has said has been amazing. His commentaries are brilliant, insightful, educational, rational and balanced. My returns are almost double the TSE and I have referred many of my friends who have switched over to your services.

Walter H.
Inner Circle Pro subscriber

Free Reports

5 Best Stocks to Buy This Month

The Successful Investor Approach to AI Investing

7 Winning Strategies for Dividend Investors

The Best Blue Chips for Canadian Investors

The ETF Investor’s Handbook

The Canadian Guide on How to Invest in Stocks Successfully

Power and Profits of Energy Stocks

Juniors to Giants: The Complete Guide to Mining Stocks

How to Find the Best Growth Stocks

7 Pro Secrets to Value Investing

Browse Topics

Blue Chip Stocks

Blue chip stocks are big, well-established, dividend-paying corporations with strong business prospects. These are companies that also have sound management that should be able to make the right moves to keep competing successfully in a changing marketplace.

Dividend Stocks

Dividend stocks make cash payouts that serve as a way for companies to share the wealth they’ve accumulated. These payouts are drawn from earnings and cash flow and paid to the shareholders of the company. Typically, these dividends are paid quarterly, although they may be paid annually or even monthly as well.

Value Stocks

What are value stocks?

One of the sweetest and most profitable pleasures of successful investing is to buy high-quality “value stocks” (or stocks that are reasonably priced, if not cheap, in relation to its sales, earnings or assets), then hold on to them as mainstream investors recognize the value and push up the share price.

Growth Stocks

Growth stocks are companies that are likely to have sales and earnings growth well above market average. Frequently they pay few, if any, dividends. Instead they typically reinvest any extra cash flow to promote further growth. Chosen wisely—according to Pat McKeough’s advice—high-quality growth-oriented stocks can be worthwhile additions to most well-diversified portfolios.

ETFs

What are ETFs?

ETF is an acronym for exchange traded fund.. These exchange traded funds are used to track indexes as closely as possible, since investors cannot actually buy an index outright.

How To Invest

Pat McKeough has been making investing for beginners simple—and profitable—by helping investors make big gains for more than 25 years. His advice to beginning investors is the same as it is for all investors: buy high-quality, mostly dividend paying stocks (or ETFs that hold these stocks) and evenly spread your investments over the five main economic sectors (Resources, Manufacturing, Finance, Utilities and Consumer). Pat also believes investors should avoid stocks in the broker/media limelight and focus on those with hidden or little-noticed assets.

Wealth Management

Wealth management is the practice of putting your savings to work so that it continues to grow over your lifetime and will also benefit your heirs. Wealth management encompasses many different areas of investing like long term investment planning and retirement planning.

AI Investing

Artificial intelligence (AI) is essentially the merging of today’s big computing with big data. This has resulted in breakthroughs in everything from creating machines to recognize faces with more accuracy than a human, to the development of chatbots able to collect, organize and simplify all the Internet has to say on any topic.

Spinoffs

One of the ways a company can try to unlock its own hidden value is by creating a separate company out of a corporate subsidiary. The parent company can either sell stock in the new company to the public, or spin it off—hand the stock out to its own investors.

Penny Stocks

A penny stock in general trades for under five dollars a share, and as the name implies, sometimes for pennies. Most of the time they’re young companies, or start-ups in speculative markets like mining or technology.

Mining Stocks

Mining stocks are investments in companies that produce or explore for minerals. Some of these minerals include uranium, coal, molybdenum (which is used in steelmaking), copper, silver and gold. They are affected by fluctuating commodity prices in addition to their own business and operating risks.

Energy Stocks

What are energy stocks?

Businesses that work in the extraction, refining and delivery of energy sources such as natural gas, oil, uranium and coal, are considered energy stocks.