Brookfield Renewable publishes Q3 2026 results call transcript
BEP•Brookfield Renewable reported third-quarter FFO of $346 million, up 15%, or $0.51 per unit. Management said storage could account for one-third to 50% of its targeted 10-gigawatt annual commissioning run rate in 2027 and that dividend growth will likely stay near the low end of its 5%-9% target range.
1. Quarterly results and outlook
Brookfield Renewable’s November 4 earnings call featured CEO Connor Teskey, CFO Patrick Taylor and analysts from five financial institutions. FFO rose 15% to $346 million, or $0.51 per unit, with per-unit growth of 11%. Management discussed a nuclear framework contemplating up to $120 billion in Korean investment for eight US reactors, including six Westinghouse AP1000s, and said dividend growth will likely remain near the lower end of its 5%-9% target range as it prioritizes investment opportunities.
