Brookfield Renewable Reports 10% FFO Per Unit Growth

All amounts in U.S. dollars unless otherwise indicatedJune 30June 30Brookfield Renewable reported FFO of $312 million in the quarter, or $0.91 per Unit year-to-date, representing a 10% increase compared to the prior year. The results reflect the benefits of our organic development, contributions from acquisitions and repowerings, and strong realized pricing. After deducting non-cash depreciation and other expenses, our Net loss attributable to Unitholders for the three months ended June 30, 2023 was $39 million.Quarterly Earnings Call Details(MILLIONS)
June 30June 30June 30June 30(MILLIONS)PROPORTIONATE RESULTS FOR THE THREE MONTHS ENDEDPROPORTIONATE RESULTS FOR THERECONCILIATION OF NON-IFRS MEASURESscale
solar& sustainable
solutionsThe following table reflects Adjusted EBITDA and provides a reconciliation from Net income (loss) to Adjusted EBITDA for the three months ended June 30, 2022:scale
solar& sustainable
solutionsRECONCILIATION OF NON-IFRS MEASURESscale
solar& sustainable
solutionsThe following table reflects Adjusted EBITDA and provides a reconciliation to net income (loss) to Adjusted EBITDA for the six months ended June 30, 2022:scale
solar& sustainable
solutionsThe following table reconciles the non-IFRS financial metrics to the most directly comparable IFRS measures. Net income is reconciled to Funds From Operations:June 30June 30(MILLIONS)The following table reconciles the per Unit non-IFRS financial metrics to the most directly comparable IFRS measures. Net income per LP unit is reconciled to Funds From Operations:June 30June 30June 30June 30BEPC reported FFO of $195 million for the three months ended June 30, 2023 compared to $181 million in the prior year. After deducting non-cash depreciation, remeasurement of the BEPC exchangeable and class B shares, and other non-cash items our Net loss attributable to the partnership for the three months ended June 30, 2023 was $291 million.(MILLIONS)
(MILLIONS)June 30June 30(MILLIONS)
June 30June 30RECONCILIATION OF NON-IFRS MEASURESJune 30June 30(MILLIONS)Cautionary Statement Regarding Forward-looking Statements
(GlobeNewsWire)