Latest news with #sustainablesolutions
Yahoo
02-08-2025
- Business
- Yahoo
Brookfield Renewable Partners LP (BEP) Q2 2025 Earnings Call Highlights: Strong FFO Growth and ...
Funds from Operations (FFO): $371 million or $0.56 per unit, up 10% year-over-year. Hydroelectric Segment FFO Growth: Over 50% increase from the prior year. Distributed Energy, Storage, and Sustainable Solutions FFO Growth: Up almost 40% year-over-year. Available Liquidity: $4.7 billion across the business. Asset Sales Proceeds: Approximately $1.5 billion or $400 million net to Brookfield Renewable. New Renewable Energy Capacity Commissioned: Approximately 2.1 gigawatts in the quarter. Contracts Secured: Incremental 4,300 gigawatt hours per year of generation. Financings Completed Year-to-Date: $19 billion across the business. Project Financing for Offshore Wind Development: EUR6.3 billion raised in Poland. Warning! GuruFocus has detected 10 Warning Signs with BEP. Release Date: August 01, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Brookfield Renewable Partners LP (NYSE:BEP) delivered strong financial results with a 10% year-over-year increase in funds from operations (FFO) per unit. The company successfully commissioned 7.7 gigawatts of new renewable energy capacity globally over the past 12 months. BEP secured a first-of-its-kind Hydro Framework Agreement with Google to deliver up to 3 gigawatts of hydroelectric capacity in the United States. The company has a robust pipeline of over 230 gigawatts of projects, including significant battery storage solutions. BEP's hydroelectric segment showed strong growth, with FFO up over 50% from the prior year, driven by strong performance from US and Colombian fleets. Negative Points The company faces challenges related to policy changes in the United States, particularly concerning tax credit eligibility for renewable projects. There is a significant supply-demand imbalance for energy in the regions where BEP operates, requiring substantial expansion of energy generation. The M&A activity in the US has been subdued due to market noise and uncertainty around new regulations and tax regimes. BEP's wind and solar segments had flat FFO compared to the prior year, affected by asset dispositions and gains on the sale of development assets in the prior year. The company needs to navigate the complexities of interconnection and transmission challenges in the US market, particularly in regions like PJM. Q & A Highlights Q: In light of the results from the recent PJM auction and high-capacity payments, are you able to accelerate the pace of development in that area or make changes in the US? A: Connor Teskey, CEO - Renewable Power & Transition: The PJM auction results highlight the supply-demand imbalance we're seeing globally. We're pulling projects forward as quickly as possible, using M&A to add more projects, and leveraging partnerships with large power buyers to develop or acquire with confidence. Q: How do large tech companies balance the need for baseload versus intermittent renewable energy? A: Connor Teskey, CEO - Renewable Power & Transition: Tech companies are the largest power buyers, driven by AI and data center growth. They demand more 24/7 power and contracts that include capacity components, which aligns with our diverse technology portfolio. Q: How do you feel about your US pipeline's tax credit eligibility through 2029, considering potential changes to FIAC criteria? A: Connor Teskey, CEO - Renewable Power & Transition: We feel comfortable with our position and are confident in securing tax credit eligibility for our US pipeline through the decade. We can pass through any changes in costs to end customers, preserving our development margins. Q: To fulfill the full 3 gigawatts under the Google framework agreement, will it require M&A? A: Connor Teskey, CEO - Renewable Power & Transition: The hydro market is becoming more liquid, and our arrangement with Google gives us a "hunting license" to pursue opportunities. We have the option to fulfill the agreement with existing capacity or through M&A. Q: How are you adapting to challenges in the US market, like interconnection issues, and are you prioritizing other regions? A: Connor Teskey, CEO - Renewable Power & Transition: We continue to consider speed of connection in our development activities. Our acquisition of Urban Grid was due to its preferential interconnection positions. We focus on markets where we can meet customer needs efficiently. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Globe and Mail
30-06-2025
- Business
- Globe and Mail
Brookfield Renewable to Host Second Quarter 2025 Results Conference Call
BROOKFIELD, News, June 30, 2025 (GLOBE NEWSWIRE) -- Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEPC) ('Brookfield Renewable') will hold its Second Quarter 2025 Conference Call and Webcast on Friday, August 1, 2025 at 9:00 a.m. ET to discuss results and business initiatives. Results will be released on Friday, August 1, 2025 at approximately 7:00 a.m. ET and will be available on our website at under 'Press Releases'. Participants can join by conference call or webcast: Conference Call Please pre-register for conference call by clicking: BEP 2025 Q2 Conference Call Upon registering, you will be emailed a dial-in number and unique PIN. This process will bypass the operator and avoid the queue. Webcast Please join and register for the webcast by clicking: BEP 2025 Q2 Webcast Brookfield Renewable Brookfield Renewable operates one of the world's largest publicly traded platforms for renewable power and sustainable solutions. Our renewable power portfolio consists of hydroelectric, wind, utility-scale solar and storage facilities and our sustainable solutions assets include our investment in a leading global nuclear services business and a portfolio of investments in carbon capture and storage capacity, agricultural renewable natural gas, materials recycling and eFuels manufacturing capacity, among others. Investors can access the portfolio either through Brookfield Renewable Partners L.P. (NYSE: BEP; TSX: a Bermuda-based limited partnership, or Brookfield Renewable Corporation (NYSE, TSX: BEPC), a Canadian corporation. Further information is available at Brookfield Renewable is the flagship listed renewable power and transition company of Brookfield Asset Management, a leading global alternative asset manager headquartered in New York, with over $1 trillion of assets under management.
Bloomberg
26-06-2025
- Business
- Bloomberg
J.P. Morgan's Chuka Umunna Sustainable Investing Outlook
Chuka Umunna, Global Head, Sustainable Solutions & EMEA Head, Green Economy Investment Banking, J.P. Morgan discusses the outlook for sustainable investing with Bloomberg's Francine Lacqua at the Bloomberg Sustainable Business Summit 2025 in London. (Source: Bloomberg)
Yahoo
19-05-2025
- Business
- Yahoo
Hi & Fi Asia-China 2025: Charting New Frontiers in Health and Food Innovation
SHANGHAI, May 19, 2025 /PRNewswire/ -- Asia's most anticipated trade platform for health ingredients and food innovation, Hi & Fi Asia-China, returns with its landmark 2025 edition from June 24–26 at the National Exhibition and Convention Center (NECC) Shanghai, China. Uniting global leaders in food ingredients, nutraceuticals, and sustainable solutions. With the exhibitor list now live and exclusive activities announced, this flagship event will unmatched opportunities for sourcing, learning, and networking. 1. Global Exhibitors: Connect with Industry Pioneers Over 500 top-tier exhibitors will showcase cutting-edge solutions. Engage directly with suppliers driving trends in peptides, probiotics, botanical extracts, and sustainable processing Players: Ingredient Giants: Givaudan, Lonza, BGG, Synbio Tech — leaders in functional additives, enzymes, and bioactive compounds. Golden Omega, Vilof, Luhua Biomarine, Bloomage Biotechnology— pioneers in collagen, plant extracts, and marine biotechnology. 2. Featured Product Categories: Source Tomorrow's Solutions Today Explore different product zones spanning the entire food-health value chain. Top Categories: Functional Ingredients: Collagen, DHA/EPA, plant proteins, and probiotics for next-gen formulations. Natural & Clean Label: Botanical extracts, squalane, and herbal ingredients catering to clean-label demands. Processing Innovation: Enzymes, emulsifiers, and microencapsulated powders for enhanced bioavailability. 3. Expert-Led Bilingual Forums: Master Industry Trends Innovated Supplements and Sports Performance Enhancement ConferenceCo-host: ISSNKeynote: Drew Campbell (GPNi) and Dr. Johan Thuvander (NiHTEK) will decode performance-enhancing ingredients and e-commerce strategies. EPA and DHA Omega-3s: Market Trends and Industry DevelopmentsCo-host: GOEDKeynote: Ellen Schutt (GOED) and Casey Li (Pattern China) reveal e-commerce tactics and purity standards for omega-3 success. Regulation Forum: Navigating the New Era of Sustainable Trade Co-host: SolidaridadAgenda: Navigate EU deforest action regulations (EUDR) and Corporate Sustainability Due Diligence Directive (CSDDD), build compliant sustainable supply chains for ingredients. 4. Curated Tours: Dive into Niche Markets Embark on a transformative journey at Hi & Fi Asia-China! Join the Healthy Aging and Nutricosmetic Tour to uncover groundbreaking ingredients and formulations targeting the pillars of longevity and wellness. Silver Walk: Healthy Aging InnovationsPartner: Early DataFocus: Explore peptides for cognitive support and fermented ginseng for cellular vitality. Tailored for senior nutrition and longevity-focused brands. Beauty Walk: Nutricosmetic Revolution Partner: Innova Market Insights Focus: Discover ingredients like sodium hyaluronate for skin health and ergothioneine for UV protection. Perfect for beauty-from-within brands and R&D teams. 5. Attendee Benefits: Unlock Premium Perks Free Badge Includes: VIP lounge access and 2 free lunch coupons. 200-Yuan exhibitor catalogue and pre-show matchmaking. Free entry to CPHI China, Healthplex Expo / Natural & Nutraceutical Products China (HNC), and 2 co-located shows. Register Now: About Hi & Fi Asia-China:As Asia's premier hub for food and health ingredients, Hi & Fi Asia-China bridges global suppliers with China's huge health market. See you in Shanghai – where innovation meets opportunity! Contact:Sini BaiEmail: +8602133392212 View original content: SOURCE Hi & Fi Asia-China Sign in to access your portfolio
CNA
10-05-2025
- Health
- CNA
Japan Hour - Gaia Series 86: Toward An Ideal Nursing Care Society
42:41 Min In this episode, see how Japan battles a looming aging care crisis, with grassroots carers and corporate initiatives seeking sustainable solutions. About the show: Spring in Japan (Mar - May) Spring season in Japan is characterized not just by the cherry blossoms, seasonal food and traditional and modern festivals and events, but also by the exceptional beauty that engulfs the land, during the time. From flower festivals to fruit picking, lively traditional parades and picnics, there's plenty of seasonal fun, for anyone in Japan, during the spring season!
