HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Brookfield Renewable Energy Partners LP (BEP) on Friday reported a loss of $39 million in its third quarter.
The Hamilton, Bermuda-based company said it had a loss of 32 cents per share.
The operator of hydroelectric and wind power generation facilities posted revenue of $1.47 billion in the period. Its adjusted revenue was $804 million, which missed Street forecasts. Three analysts surveyed by Zacks expected $843.2 million.
Brookfield Renewable shares have dropped slightly since the beginning of the year. The stock has risen 16% in the last 12 months.
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