Brookfield Renewable Energy Partners LP (NYSE:BEP) Business Model Remains Solid Even On Lower Hydro Generation Expectations


Dallas, Texas 07/15/2015 (Financialstrend) – Brookfield Renewable Energy Partners LP (NYSE:BEP) expects lower hydroelectric generation from North America and South America in the second quarter.  The company is now on course to generate 5, 101 gigawatts hour in the quarter, representing a 714 GWh reduction from its long-term average.

Summer Expectations

However, an increase in reservoir levels in North America should allow the company to generate impressive returns in the summer where pricing is usually high. Brookfield Renewable Energy Partners LP (NYSE:BEP) maintains that its development activities, as well as construction projects, are more than capable of guaranteeing its long-term strategic and growth plans.

 Some of the hydroelectric deficit should be offset by generation from the recently acquired 488 megawatts diversified renewable energy portfolio in Brazil.  The facility comes with hydroelectric, wind and biomass generating capacity expected to generate up to 2.1 million megawatt hours annually.

 Solid Business Model

During the first quarter, Brookfield Renewable Energy Partners LP (NYSE:BEP) advanced its portfolio of renewable power projects with new developments in Brazil, Ireland and Portugal. In Ireland, the company operates a 125 megawatts wind energy facility having acquired a 123-megawatt wind portfolio in Portugal.

Brookfield Renewable Energy Partners LP (NYSE:BEP) operates more than 500 megawatts of operating and development capacity across the globe with a robust pipeline for further transactions. The company’s liquidity levels remain strong as newly acquired portfolios continue to perform extremely well. With more than $500 million in financing activity, the company remains on track to refinance its existing obligations as well as extend its maturities as it continues to enhance its capital structure.

Brookfield Renewable Energy Partners LP (NYSE:BEP) business model remains solid at the moment as it continues to invest for the future. Plans to invest up to $750 million over the next five years should result in returns of between 15% and 20%.