{"id":957067,"date":"2026-05-01T06:58:26","date_gmt":"2026-05-01T10:58:26","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/brookfield-renewable-reports-record-first-quarter-results\/"},"modified":"2026-05-01T06:58:26","modified_gmt":"2026-05-01T10:58:26","slug":"brookfield-renewable-reports-record-first-quarter-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/brookfield-renewable-reports-record-first-quarter-results\/","title":{"rendered":"Brookfield Renewable Reports Record First Quarter Results"},"content":{"rendered":"
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\n All amounts in U.S. dollars unless otherwise indicated<\/em>\n <\/p>\n

BROOKFIELD, News, May 01, 2026 (GLOBE NEWSWIRE) — Brookfield Renewable Partners L.P. (NYSE: BEP; TSX: BEP.UN<\/strong>) (\u201cBrookfield Renewable Partners<\/strong>\u201d, “BEP<\/strong>“) today reported financial results for the three months ended March\u00a031, 2026.<\/p>\n

\u201cWe had a strong start to the year, delivering record financial results, advancing our growth priorities and strengthening our balance sheet. The quarter was highlighted by our acquisition of Boralex, a global, listed renewable platform with a significant operating base and a large, de-risked development pipeline that complements our existing business and where we are uniquely positioned to accelerate growth and create value,\u201d said Connor Teskey, CEO of Brookfield Renewable.<\/p>\n

He added, \u201cWe also continue to increase our development activities, advance key workstreams to support new nuclear deployment at Westinghouse, and scale our capital recycling strategy, agreeing to sell nearly $3 billion of assets this quarter alone. Growing energy demand is now occurring alongside a renewed focus on energy security. In an environment with strong demand for low-cost, quick to market, and increasingly locally sourced energy, we are well positioned to deliver sustainable long-term cash flow growth for our investors.\u201d<\/p>\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\u00a0<\/td>\n\n For the three months ended <\/strong>
\n March 31<\/strong>\n <\/td>\n		\n For the twelve months ended <\/strong>
\n March 31<\/strong>\n <\/td>\n<\/tr>\n
\n US$ millions (except per unit amounts), unaudited<\/em>\n <\/td>\n\u00a0<\/td>\n\n 2026<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2025<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2026<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2025<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net Income (Loss) attributable to Unitholders<\/td>\n\n $<\/strong>\n <\/td>\n\n (229<\/strong>\n <\/td>\n\n )<\/strong>\n <\/td>\n$<\/td>\n(197<\/td>\n)<\/td>\n\n $<\/strong>\n <\/td>\n\n (51<\/strong>\n <\/td>\n\n )<\/strong>\n <\/td>\n$<\/td>\n(541<\/td>\n)<\/td>\n\u00a0<\/td>\n<\/tr>\n
– per LP unit(<\/sup>1<\/sup>)<\/sup><\/td>\n\u00a0<\/td>\n\n (0.40<\/strong>\n <\/td>\n\n )<\/strong>\n <\/td>\n\u00a0<\/td>\n(0.35<\/td>\n)<\/td>\n\u00a0<\/td>\n\n (0.31<\/strong>\n <\/td>\n\n )<\/strong>\n <\/td>\n\u00a0<\/td>\n(1.01<\/td>\n)<\/td>\n\u00a0<\/td>\n<\/tr>\n
Funds From Operations (FFO)(<\/sup>2<\/sup>)<\/sup><\/td>\n\u00a0<\/td>\n\n 375<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n315<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 1,394<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,236<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
– per Unit(<\/sup>2<\/sup>)(<\/sup>3<\/sup>)<\/sup><\/td>\n\u00a0<\/td>\n\n 0.55<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.48<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2.08<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.86<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

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Brookfield Renewable reported record FFO of $375 million or $0.55 per unit, up 19% or 15% per unit year-over-year, benefiting from our diverse global fleet, growth activities and scaling capital recycling. In the last-twelve-months Brookfield Renewable reported FFO of $1,394 or $2.08 per unit, up 12% compared to the prior year period. After deducting non-cash depreciation and other expenses, our Net loss attributable to Unitholders for the three months ended March 31, 2026 was $229 million.<\/p>\n

\n Strong Operating Performance<\/strong>\n <\/p>\n

Our business performed well this quarter, delivering strong financial results driven by our diverse global fleet, contracted, inflation-linked cash flows, recent acquisitions as well as continued growth from our scaling development activities and asset sales.<\/p>\n