Brookfield Renewable's TerraForm Power Acquisition Pays Dividends in Q3
Brookfield Renewable's (NYSE: BEP)(NYSE: BEPC) move to acquire full control of TerraForm Power paid off during the third quarter as it helped the company generate strong earnings growth. The deal enhanced the renewable energy company's portfolio while giving it full control over key growth platforms, especially in the European power sector. That's enabling it to take advantage of new expansion opportunities, which should drive high-powered growth in the coming years as the global economy continues to pivot away from carbon.
Metric
Q3 2020
Source Fool.com
