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Why Shares of Brookfield Renewable Soared 74% in 2020


Turning in a similar performance to their 80% rise in 2019, shares of Brookfield Renewable (NYSE: BEP) (NYSE: BEPC) soared 74% in 2020, according to data from S&P Global Market Intelligence.

In addition to acquisitions, favorable outlooks on the company's stock from Wall Street and Joe Biden's presidential election victory powered investors' excitement for this renewable energy leader.

Image source: Getty Images.

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Source Fool.com

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