Brookfield Renewable: Neoen Acquisition Further Supports Growth Path
On May 30, Brookfield, through its private equity funds and alongside co-investors, announced its plan to acquire 100% of French renewable developer, Neoen.
On May 30, Brookfield, through its private equity funds and alongside co-investors, announced its plan to acquire 100% of French renewable developer, Neoen.
Brookfield Renewable is well-positioned for the global renewables buildout given its diversification.
Brookfield is exposed to emerging-market foreign exchange risk, which generally comprises 25%-30% of the company’s cash flow.
Metric
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BEP
|
ENEL
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RWE
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---|---|---|---|
Price/Earnings (Normalized) | — | 9.14 | 46.56 |
Price/Book Value | 1.94 | 2.35 | 0.77 |
Price/Sales | 1.38 | 0.73 | 0.98 |
Price/Cash Flow | 5.52 | 4.22 | 11.96 |
Metric
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BEP
|
ENEL
|
RWE
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---|---|---|---|
Quick Ratio | 0.38 | 0.60 | 0.56 |
Current Ratio | 0.56 | 0.88 | 1.56 |
Interest Coverage | 1.12 | 3.50 | 3.75 |
Metric
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BEP
|
ENEL
|
RWE
|
---|---|---|---|
Return on Assets (Normalized) | −0.03% | 3.49% | 1.36% |
Return on Equity (Normalized) | −0.52% | 26.69% | 4.64% |
Return on Invested Capital (Normalized) | 2.86% | 7.14% | 2.60% |
1-Day Chart
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Name
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Price
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Morningstar Rating for Stocks
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Capital Allocation
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Economic Moat
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Market Cap
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Constellation Energy Corp
CEG
| — | Rncxtw | $67.7 Bil | |||
GE Vernova Inc
GEV
| Zcvrnyg | Kgr | $46.6 Bil | |||
Verbund AG ADR
OEZVY
| — | Tjqd | $27.4 Bil | |||
Verbund AG Class A
OEZVF
| — | Dmpp | $27.4 Bil | |||
Orsted A/S ADR
DNNGY
| — | Qcqn | $23.3 Bil | |||
Orsted A/S
DOGEF
| — | Tqwl | $23.3 Bil | |||
CEZ a.s
CZAVF
| — | Zgxmjr | $22.2 Bil | |||
China Longyuan Power Group Corp Ltd ADR
CLPXY
| — | Ntwfc | $16.4 Bil | |||
Brookfield Renewable Corp Ordinary Shares - Class A (Sub Voting)
BEPC
| Xhhtfjvgg | Gtx | $5.4 Bil |