NEW YORK, Jan 30, 2026, 14:54 EST — Regular session
- BEPC shares climbed roughly 6.5% during mid-afternoon trading in New York, following strong results and a raised dividend
- Company highlighted data-center power demand alongside a fresh Google hydro framework deal
- Investors are focused on funding plans, buybacks, and delivery targets stretching out to 2027
Shares of Brookfield Renewable Corporation jumped 6.5% to $41.88 in mid-afternoon trading on Friday, following the release of its 2025 results and an increase in its quarterly dividend. (Google)
This move is significant because renewable power developers have been working to show they can fund expansion without relying heavily on equity markets, all while maintaining steady payouts. Brookfield is also tapping into demand from data centers and “hyperscalers,” a trend sparking a lot of buzz in power markets across North America.
Brookfield Renewable posted “record results” for 2025, boosting its quarterly distribution by over 5% to $0.392 per unit. That lifts the annual payout to $1.568. The company reported funds from operations (FFO) of $1.334 billion, or $2.01 per unit—up 10% on a per-unit basis. (Brookfield Renewable Partners)
Chief executive Connor Teskey revealed the company inked a “first-of-its-kind” hydro framework agreement with Google to supply up to 3,000 megawatts of hydro capacity. He highlighted rising electricity demand driven by “ongoing data center development.”
Brookfield added roughly 8,000 megawatts of new capacity in 2025, marking a 20% jump from the previous year. The company closed the year with around 84,000 megawatts in advanced-stage projects. It’s targeting a run-rate near 10,000 megawatts annually by 2027. (Brookfield Renewable Partners)
The company reported a record $4.5 billion in expected proceeds from signed and closed asset sales in 2025, representing roughly 2.4 times its invested capital. It also noted $37 billion in financings completed throughout the year, including refinancing related to its Westinghouse stake. (Brookfield Renewable Partners)
After year-end, Brookfield unveiled a $400 million at-the-market equity issuance program for BEPC shares — allowing stock sales at current market prices. The proceeds are earmarked for one-for-one BEP unit repurchases under its NCIB, the Canadian buyback program. (Brookfield Renewable Partners)
BEPC’s board announced a quarterly dividend of $0.392 per share. It will be paid on March 31 to shareholders recorded by Feb. 27, aligning with the partnership distribution.
But the road ahead isn’t smooth. BEPC posted 2025 FFO of $628 million, down from $794 million the previous year, attributing the drop to last year’s reorganization and asset sales that weighed on results. Earnings can also shift dramatically in this sector due to large non-cash charges like depreciation and mark-to-market adjustments.
Traders are eyeing if BEPC can maintain its premium while tapping the at-the-market program without diluting shareholders. The key question: will buybacks ramp up? The next checkpoint arrives with the dividend record date on Feb. 27, before the payout on March 31.
