This is a Bermuda-based spinoff from Brookfield Asset Management. The focus is on renewable energy with operations in North and South America and Europe with more than 10,000 megawatts (MW) of installed capacity.
Wealth Builder
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Income Investor
The distribution increase and the pull-back in the share price have combined to push the yield to 6.1%. This is a very attractive return from a business that owns a range of green energy assets, mainly hydro. This looks like a bargain for income investors at the current price. Buy. - Gordon Pape
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BEP.UN was first recommended here on July 22, 2009