Description

Brookfield Renewable: Power Demand Is Exploding—Can Contracted Capacity Keep Pace?

Brookfield Renewable Partners reported results for the fourth quarter and full year 2025 that reflected steady operational execution, expanding scale, and continued balance sheet management against a backdrop of rapidly rising global electricity demand. Funds from operations reached $2.01 per unit for the full year, representing 10% growth year over year, supported by contracted inflation-linked cash flows, new capacity brought online, accretive acquisitions, and an increasingly active capital recycling program. Fourth quarter funds from operations rose 14% year over year to $0.51 per unit, with contributions across hydroelectric, wind, solar, distributed energy, and sustainable solutions businesses. Operational performance was broad based. Hydroelectric operations benefited from solid generation in Canada and Colombia, improved commercial initiatives, and asset sales, offsetting weaker hydrology in the United States.