Brookfield Renewable Announces Strong First Quarter Results

All amounts in U.S. dollars unless otherwise indicatedMarch 31Brookfield Renewable reported FFO of $315 million in the quarter, or $0.48 per unit, which adjusting for strong hydro generation last year, was up 15%. All in, FFO per unit was up 7%, as these results benefited from the stable, inflation-linked and contracted cash flows of our diverse global operating fleet, our growth activities and accretive capital recycling. After deducting non-cash depreciation and one-time expenses associated with completing the acquisition of Neoen, our Net loss attributable to Unitholders for the three months ended March 31, 2025 was $197 million.(MILLIONS)
March 31March 31(MILLIONS)PROPORTIONATE RESULTS FOR THE THREE MONTHS ENDEDRECONCILIATION OF NON-IFRS MEASURESsolarenergy &
storagesolutionsThe following table reflects Adjusted EBITDA and provides a reconciliation from Net income (loss) to Adjusted EBITDA for the three months ended March 31, 2024:solarenergy &
storagesolutionsThe following table reconciles the non-IFRS financial metrics to the most directly comparable IFRS measures. Net income is reconciled to Funds From Operations:March 31(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:March 31March 31BEPC reported FFO of $139 million for the three months ended March 31, 2025 compared to $219 million in the prior year. After deducting non-cash depreciation, remeasurement of shares classified as financial liability, and other non-cash items our Net income attributable to the partnership for the three months ended March 31, 2025 was $5 million.(MILLIONS)(MILLIONS)March 31(MILLIONS)March 31RECONCILIATION OF NON-IFRS MEASURESMarch 31(MILLIONS)Cautionary Statement Regarding Forward-looking Statements
(GlobeNewsWire)