April 4, 2016

Brookfield Renewable Energy Partners LP Benefits From the World’s Need for Clean Energy


According to the vast majority of scientists, the earth is heating up faster than it should due to burning fossil fuels. Major governments around the world signed the Paris climate change agreement, which stipulated that global warming will have to be limited by two degrees Celsius. The agreement goes into effect in 2020.

So how can an investor benefit from this global push towards renewable energy? Easy … buy Brookfield Renewable Energy Partners LP (TSX:BEP.UN)(NYSE:BEP).

Most people have heard about Brookfield Asset Management Inc. The Brookfield Renewable Energy component was a basket of assets the parent company had built over time. When it reached a certain size, it pushed those assets public into a new entity.

Right now Brookfield Energy owns about 250 assets...


Source: The Motley Fool