Brookfield Renewable Corporation (BEPC): Business Model Canvas [Jan-2025 Mis à jour]

Dans le paysage en évolution rapide des énergies renouvelables, Brookfield Renewable Corporation (BEPC) apparaît comme une centrale d'innovation durable, transformant stratégiquement la production d'énergie mondiale grâce à son modèle commercial complet et dynamique. En intégrant de manière transparente les technologies de pointe, les partenariats stratégiques et un portefeuille robuste d'actifs renouvelables sur les plates-formes hydro, éoliennes, solaires et de stockage, BEPC ne se contente pas de produire de l'électricité - il est pionnier d'une approche transformatrice de l'énergie propre qui promet une valeur à long terme à long terme pour une valeur à long terme à long terme pour les investisseurs, les sociétés de services publics et la planète. Plongez dans cette exploration de la toile du modèle commercial complexe de BEPC pour découvrir comment cette société avant-gardiste remodèle l'écosystème des énergies renouvelables avec une profondeur stratégique et un impact mondial sans précédent.

Brookfield Renewable Corporation (BEPC) - Modèle commercial: partenariats clés

Collaboration stratégique avec les développeurs mondiaux d'énergie renouvelable

Brookfield Renewable a établi des partenariats stratégiques avec plusieurs développeurs mondiaux d'énergie renouvelable, notamment:

Partenaire	Détails de collaboration	Capacité du projet
Groupe d'énergie de motif	Partenariat de développement de l'énergie éolienne	1.6 GW des actifs éoliens
Power Terraform	Acquisition du portefeuille d'énergies renouvelables	2,5 GW de capacité totale

Accords d'achat d'électricité à long terme avec des sociétés de services publics

Brookfield Renewable maintient les vastes accords d'achat d'électricité (APP) avec des sociétés de services publics:

• Portefeuille PPA total: 14,4 GW de capacité de production contractée
• Durée du contrat moyen: 15-20 ans
• Propagation géographique: Amérique du Nord, Amérique du Sud, Europe, Asie

Coentreprises avec des investisseurs institutionnels et des fonds d'infrastructure

Partenaire d'investissement	Type d'investissement	Valeur d'investissement
Conseil d'investissement du plan de retraite canadien	Investissement en infrastructure	1,2 milliard de dollars
Partenaires mondiaux d'infrastructure	Fonds d'énergie renouvelable	850 millions de dollars

Partenariats technologiques avec les fabricants d'équipements solaires et éoliens

Les partenariats technologiques clés comprennent:

• Vestas Wind Systems: collaboration technologique d'éoliennes
• Premier solaire: intégration technologique du panneau photovoltaïque
• General Electric: Solutions d'infrastructure renouvelable à l'échelle du réseau

Coopération avec les agences gouvernementales pour les projets d'énergie renouvelable

Agence gouvernementale	Type de projet	Capacité installée
Département américain de l'énergie	Programmes d'incitation aux énergies renouvelables	Projet solaire de 500 MW
Banque de développement brésilien	Développement d'infrastructures hydroélectriques	Projet hydroélectrique de 1,2 GW

Brookfield Renewable Corporation (BEPC) - Modèle d'entreprise: activités clés

Génération d'énergie renouvelable sur plusieurs plateformes

Brookfield Renewable Corporation exploite un portefeuille diversifié d'énergies renouvelables avec la rupture de capacité de production suivante:

Plate-forme énergétique	Capacité installée (MW)	Pourcentage de portefeuille
Hydro-électrique	19,300	65%
Vent	5,200	17%
Solaire	3,800	13%
Stockage	1,900	6%

Développement des actifs et présence mondiale sur le marché

L'empreinte opérationnelle mondiale comprend:

• Amérique du Nord: 22 États / provinces
• Amérique du Sud: 4 pays
• Europe: 7 pays
• Asie-Pacifique: 3 pays

Stratégies de gestion opérationnelle

Les mesures opérationnelles clés comprennent:

Métrique opérationnelle	Valeur
Total des installations	224
Time de disponibilité moyen des installations	97.3%
Génération annuelle	19 500 GWh

Mises à niveau technologique et améliorations de l'efficacité

Investissement annuel dans les mises à niveau technologiques:

• Investissement en R&D: 78 millions de dollars
• Cible d'amélioration de l'efficacité: 2 à 3% par an
• Domaines d'intervention technologique:
  • Optimisation du stockage d'énergie
  • Technologies d'intégration de la grille
  • Systèmes de maintenance prédictive

Gestion des risques et optimisation du portefeuille

Métriques de gestion des risques de portefeuille:

Métrique de gestion des risques	Valeur
Diversification géographique	4 continents
Couverture contractuelle	85% de contrats à long terme
Contrats d'électricité couverts	2,3 milliards de dollars

Brookfield Renewable Corporation (BEPC) - Modèle d'entreprise: Ressources clés

Portfolio vaste d'actifs de production d'énergies renouvelables

Au quatrième trimestre 2023, Brookfield Renewable Corporation possède et exploite:

Type d'actif	Capacité totale	Distribution géographique
Installations hydroélectriques	20 700 MW	Amérique du Nord, Amérique du Sud, Europe
Installations éoliennes	5 200 MW	États-Unis, Brésil, Europe
Centrales solaires	1 300 MW	Amérique du Nord, Amérique latine

Capacités financières solides et capitaux d'investissement

Mesures financières de Brookfield Renewable Corporation à partir de 2023:

• Actif total: 67,4 milliards de dollars
• Capitalisation boursière: 22,3 milliards de dollars
• Revenu annuel: 4,2 milliards de dollars
• Capital investi: 45,6 milliards de dollars

Équipe de gestion expérimentée

Composition de l'équipe de gestion:

• Expérience moyenne d'énergie renouvelable: 18 ans
• Haute haute direction avec des antécédents en énergie, en finance et en ingénierie
• Équipe mondiale couvrant plusieurs continents

Infrastructure technologique

Les capacités technologiques comprennent:

• Systèmes de surveillance à distance avancés pour 100% des actifs renouvelables
• Infrastructure de suivi des performances en temps réel
• Technologies de maintenance prédictive

Empreinte géographique

Région	Capacité installée (MW)	Pourcentage de portefeuille
Amérique du Nord	16,500	62%
Amérique du Sud	5,200	20%
Europe	4,500	18%

Brookfield Renewable Corporation (BEPC) - Modèle d'entreprise: propositions de valeur

Production d'énergie propre et durable avec une empreinte faible en carbone

Brookfield Renewable Corporation génère 21 000 MW d'énergie renouvelable sur plusieurs plates-formes:

Source d'énergie	Capacité (MW)	Régions géographiques
Hydro-électrique	16,300	Amérique du Nord, Amérique du Sud, Europe
Vent	3,100	Amérique du Nord, Europe
Solaire	1,600	Amérique du Nord, Brésil

Production d'électricité renouvelable fiable et cohérente

Métriques annuelles de la production d'électricité:

• Électricité totale produite: 46 800 GWh en 2023
• Disponibilité opérationnelle: 96,5%
• Accords d'achat d'électricité à long terme: 85% du portefeuille

Rendements stables à long terme pour les investisseurs

Indicateurs de performance financière:

Métrique financière	Valeur 2023
Fonds des opérations (FFO)	1,2 milliard de dollars
Rendement des dividendes	4.7%
Actif total	56 milliards de dollars

Contribution aux efforts de décarbonisation mondiale

Métriques d'impact environnemental:

• Émissions annuelles de CO2 Évité: 25,6 millions de tonnes métriques
• Équivalent à la suppression de 5,5 millions de véhicules de passagers des routes

Solutions d'énergie renouvelable évolutives et adaptables

Métriques de croissance et d'expansion:

• Investissements prévus en énergie renouvelable: 3,5 milliards de dollars jusqu'en 2026
• Expansion de la capacité cible: 6 000 MW d'ici 2027
• Diversification géographique dans 15 pays

Brookfield Renewable Corporation (BEPC) - Modèle d'entreprise: relations avec les clients

Accords contractuels à long terme avec des sociétés de services publics

Brookfield Renewable maintient Accords d'achat d'électricité (APP) avec plusieurs sociétés de services publics à travers l'Amérique du Nord et l'Europe. En 2023, la société a rapporté:

Région	Nombre de PPA	Durée du contrat moyen
Amérique du Nord	87 contrats	15-20 ans
Europe	42 contrats	12-18 ans

Communication transparente avec les investisseurs institutionnels

Les mesures de communication des investisseurs pour 2023 incluent:

• Appels de bénéfices trimestriels avec 124 investisseurs institutionnels
• Journée annuelle des investisseurs avec 87 principaux actionnaires institutionnels
• Des rapports ESG détaillés couvrant 100% du portefeuille d'énergies renouvelables

Plateformes numériques pour l'engagement des investisseurs et des parties prenantes

Statistiques d'engagement numérique pour 2023:

Plate-forme	Interactions totales	Utilisateurs uniques
Site Web de relations avec les investisseurs	372 000 visites	48 500 utilisateurs uniques
Webinaires des investisseurs	6 événements	2 340 participants

Engagement envers la production d'énergie durable et responsable

Mesures de durabilité pour 2023:

• Émissions de carbone Évitées: 4,2 millions de tonnes métriques
• Énergie renouvelable générée: 21,4 térawattheures
• Évaluation ESG: A- par MSCI

Rapports de performances réguliers et mises à jour du marché

Fréquence et portée de rapport en 2023:

Type de rapport	Fréquence	Canaux de distribution
Rapports financiers	Trimestriel	Dossiers SEC, site Web des investisseurs, distributions de courriels
Mises à jour opérationnelles	Mensuel	Newsletters des investisseurs, communiqués de presse

Brookfield Renewable Corporation (BEPC) - Modèle d'entreprise: canaux

Ventes directes vers les entreprises de services publics et les opérateurs de réseau

Brookfield Renewable Corporation vend de l'électricité directement aux sociétés de services publics dans plusieurs régions. En 2023, le portefeuille de génération d'électricité de la société comprend:

Région	Volume des ventes d'électricité (MWH)	Nombre de contrats d'utilité
Amérique du Nord	22,456,000	37
Amérique du Sud	8,765,000	15
Europe	5,432,000	12

Plateformes d'investissement institutionnelles

Brookfield Renewable utilise plusieurs canaux d'investissement institutionnels:

• Relations avec les investisseurs institutionnels directs
• Partenariats de fonds de retraite
• Fonds d'investissement en énergies renouvelables
• Offres sur les actions institutionnelles

Investissement institutionnel total au quatrième trimestre 2023: 8,3 milliards de dollars

Sites Web de communication numérique et de relations avec les investisseurs

Plate-forme numérique	Visiteurs mensuels du site Web	Métriques d'engagement des investisseurs
Site Web de relations avec les investisseurs	126,500	Taux d'engagement de 87%
Rapport annuel Plateforme numérique	94,300	Taux de téléchargement de documents de 72%

Conférences du marché de l'énergie et événements de l'industrie

Participation aux principales conférences d'énergie renouvelable:

• Congrès mondial des énergies renouvelables
• Assemblée internationale de l'Agence des énergies renouvelables (IRENA)
• Énergie propre

Budget de participation annuelle de la conférence: 1,2 million de dollars

Rapports financiers et présentations des investisseurs trimestriels

Canal de rapport	Fréquence	Investisseur Reach
Webdication trimestriel	4 fois par an	5 600 participants vivants
Réunion des actionnaires annuelle	1 fois par an	3 200 participants
Téléchargements de présentation des investisseurs	Continu	42 000 téléchargements annuels

Brookfield Renewable Corporation (BEPC) - Modèle d'entreprise: segments de clientèle

Les entreprises de services publics à la recherche de sources d'énergie renouvelables

En 2024, Brookfield Renewable dessert plusieurs sociétés de services publics à travers l'Amérique du Nord et à l'étranger. La société gère 21 300 MW de capacité d'énergie renouvelable.

Région	Nombre de clients des services publics	La capacité énergétique a servi
Amérique du Nord	42	15 600 MW
Amérique du Sud	18	4 200 MW
Europe	12	1 500 MW

Investisseurs institutionnels et fonds d'infrastructure

La capitalisation boursière de Brookfield Renewable est d'environ 7,3 milliards de dollars en 2024.

• Propriété totale institutionnelle: 68,4%
• Les plus grands investisseurs institutionnels comprennent Vanguard Group et BlackRock
• Valeur d'investissement institutionnelle: 5 milliards de dollars

Agences gouvernementales et régulateurs des énergies renouvelables

L'entreprise opère avec la conformité dans plusieurs environnements réglementaires.

Juridiction réglementaire	Nombre de permis actifs	Note de conformité
États-Unis	87	98.5%
Canada	53	99.2%
Marchés internationaux	36	97.8%

Consommateurs d'énergie commerciale et industrielle

Brookfield Renewable fournit des solutions d'énergie renouvelable à divers secteurs commerciaux.

• Clients commerciaux totaux: 215
• Approvisionnement énergétique annuel aux clients industriels: 8 700 GWh
• Durée du contrat moyen: 15 ans

Parties prenantes soucieuses de l'environnement

Les mesures de durabilité de l'entreprise démontrent l'engagement envers les parties prenantes environnementales.

Métrique environnementale	2024 performance
Les émissions de CO2 évitées	12,4 millions de tonnes métriques
Énergie renouvelable générée	21 300 MW
Note ESG	AA (MSCI)

Brookfield Renewable Corporation (BEPC) - Modèle d'entreprise: Structure des coûts

Dépenses en capital pour le développement d'actifs aux énergies renouvelables

En 2022, Brookfield Renewable a investi 2,7 milliards de dollars dans les dépenses en capital pour le développement d'actifs aux énergies renouvelables. La rupture des investissements est la suivante:

Type d'actif	Montant d'investissement
Actifs hydroélectriques	850 millions de dollars
Projets solaires	650 millions de dollars
Infrastructure d'énergie éolienne	750 millions de dollars
Systèmes de stockage d'énergie	450 millions de dollars

Frais opérationnels et d'entretien

Les dépenses opérationnelles et d'entretien annuelles de Brookfield renouvelables en 2022 ont totalisé 475 millions de dollars, distribué sur diverses plates-formes d'énergie renouvelable:

• Opérations hydroélectriques: 180 millions de dollars
• Entretien solaire: 125 millions de dollars
• Gestion du parc éolien: 110 millions de dollars
• Coûts d'intégration de la grille: 60 millions de dollars

Investissements technologiques et infrastructures

Les investissements technologiques pour 2022 s'élevaient à 325 millions de dollars, en se concentrant sur:

Zone technologique	Investissement
Mises à niveau des infrastructures numériques	125 millions de dollars
Technologies de grille intelligente	95 millions de dollars
Améliorations de la cybersécurité	65 millions de dollars
Systèmes de surveillance	40 millions de dollars

Contacments de conformité réglementaire et de certification environnementale

Les dépenses de conformité en 2022 étaient de 95 millions de dollars, notamment:

• Évaluations d'impact environnemental: 35 millions de dollars
• Processus de certification: 25 millions de dollars
• Dépenses de dépôt réglementaire: 20 millions de dollars
• Consultations de conformité juridique: 15 millions de dollars

Recherche et développement pour les améliorations technologiques

Les dépenses de R&D pour 2022 ont atteint 215 millions de dollars, allouées dans les principaux domaines d'innovation:

R&D Focus	Investissement
Efficacité énergétique renouvelable	85 millions de dollars
Technologies de stockage d'énergie	65 millions de dollars
Recherche de capture de carbone	40 millions de dollars
Systèmes de surveillance avancés	25 millions de dollars

Brookfield Renewable Corporation (BEPC) - Modèle d'entreprise: Strots de revenus

Revenus de l'accord d'achat d'électricité à long terme

Au quatrième trimestre 2023, Brookfield Renewable Corporation a déclaré une capacité totale contractée de 15,2 GW dans son portefeuille mondial d'énergies renouvelables. La durée moyenne du contrat est de 14 ans avec un prix d'électricité moyen pondéré de 85,3 $ par MWh.

Région	Capacité contractée (MW)	Durée du contrat moyen (années)
Amérique du Nord	8,600	15.3
Amérique du Sud	3,900	13.7
Europe	2,700	12.5

Ventes d'électricité aux opérateurs de réseau

En 2023, la production totale d'électricité a atteint 22 300 GWh, avec 1,8 milliard de dollars de revenus de ventes d'électricité.

• Génération hydroélectrique: 16 500 GWh
• Génération de vent: 4 200 GWh
• Génération solaire: 1 600 GWh

Trading de crédit à énergie renouvelable

Revenus de négociation annuels en matière d'énergie renouvelable (REC) pour 2023: 127 millions de dollars. Recs totaux générés: 8,6 millions de crédits.

Monétisation des actifs et optimisation du portefeuille

En 2023, les ventes d'actifs et l'optimisation du portefeuille générées 342 millions de dollars de revenus supplémentaires. Les transactions d'actifs terminées comprenaient:

Type d'actif	Capacité (MW)	Valeur de vente ($ m)
Sols éoliens	450	215
Projets solaires	200	127

Les rendements des investissements des développements de projets d'énergie renouvelable

Les investissements de développement de projets en 2023 ont donné 276 millions de dollars en retour. Les nouveaux développements de projet incluaient:

• Total Nouvelle capacité ajoutée: 780 MW
• Revenus annuels estimés des nouveaux projets: 189 millions de dollars
• Taux de rendement interne projeté (TRI): 12,5%

Brookfield Renewable Corporation (BEPC) - Canvas Business Model: Value Propositions

Brookfield Renewable Corporation (BEPC) delivers value through a foundation of highly contracted, inflation-protected cash flows derived from a globally scaled, diversified, low-carbon power platform.

Highly Stable Cash Flow and Contracted Revenue

The predictability of cash flows is a core proposition, supported by long-term agreements locking in future revenue. For fiscal year 2025, Brookfield Renewable Corporation has approximately 89% of its cash flows contracted.

• Average remaining contract life across the portfolio is between 13 and 14 years.
• This long-term contracting provides significant visibility into future operating earnings.

Inflation Protection

To protect against erosion of real returns, a substantial portion of revenues is linked to inflation. Approximately 70% of Brookfield Renewable Corporation revenues are indexed to inflation.

Diversified, Low-Carbon Power Solutions at Scale

Brookfield Renewable Corporation operates one of the world's largest publicly traded renewable power platforms, offering a mix of proven and emerging technologies across developed markets. As of June 30, 2025, the operating capacity totaled approximately 47,500 MW, with annualized LTA generation of about 124,277 GWh.

The FFO contribution across the major segments in Q3 2025 illustrates this diversification:

Power Solution Segment	Q3 2025 FFO (Millions USD)
Hydroelectric	119
Wind and Solar (Combined)	177
Distributed Energy, Storage, and Sustainable Solutions	127

The portfolio consists of hydroelectric, wind, utility-scale solar, and storage facilities, with sustainable solutions assets including an investment in a global nuclear services business.

Tailored Decarbonization and Energy Reliability for Large Corporate Buyers

Brookfield Renewable Corporation serves a large customer base with tailored power solutions that support decarbonization mandates. The fleet delivers power to more than 1,000 customers.

• No single corporate buyer represents more than 2% of total revenues.
• Secured a landmark agreement with Google for up to 3,000 MW of hydroelectric capacity in the U.S.
• Signed a 20-year contract with Microsoft at a U.S. hydro facility in the PJM market.

Simpler Corporate Structure (BEPC) for a Broader Investor Base

Brookfield Renewable Corporation was established to provide investors with access to the portfolio through a traditional corporate structure, which aids in broader index inclusion and trading liquidity. Since the initial listing of BEPC, the market capitalization of Brookfield Renewable grew to over $20 billion.

• Investor base diversified, with U.S. and non-Canadian shareholders owning almost 60% of the float as of late 2024.
• Distributions on BEPC shares are identical in amount and timing to the Partnership Units (BEP).

Brookfield Renewable Corporation (BEPC) - Canvas Business Model: Customer Relationships

You're looking at how Brookfield Renewable Corporation (BEPC) manages its key relationships, which is crucial given the long-term nature of energy contracts and infrastructure development. The approach is highly segmented, moving from bespoke deals with tech giants to high-level government engagement.

Dedicated commercial teams managing long-term, bespoke PPA negotiations.

Brookfield Renewable Corporation uses its scale to secure massive, long-duration contracts. For instance, in the third quarter of 2025, they secured contracts for an incremental ~4,000 gigawatt hours per year of generation, which included signing a 20-year contract at one of its hydro facilities in PJM. This is part of a broader strategy that includes a landmark framework agreement with Microsoft to deliver over 10.5 GW between 2026 and 2030 across the U.S. and Europe. In Q1 2025, they were already expanding this framework with Microsoft, which stood at 10.5 GW. This focus on large, creditworthy offtakers is a core relationship strategy.

Institutional-grade investor relations for the BEPC corporate structure.

For shareholders, Brookfield Renewable Corporation maintains an institutional focus, evidenced by its strong balance sheet and targeted distribution policy. The declared quarterly dividend for BEPC was $0.373 per share, payable on December 31, 2025. The company targets a sustainable distribution increase averaging 5% to 9% annually. The corporate structure is underpinned by an investment-grade balance sheet, rated BBB+. Available liquidity stood at $4.7 billion as of Q2 2025, or $4.5 billion as of June 2025. The BEPC corporate shares have outperformed the LP structure since their introduction in 2020.

Account management for large utility and corporate customers.

The demand driving these relationships is immense, fueled by digitalization and electrification. Data center power demand is expected to jump from ~2% of global consumption to almost 10% by 2030 and up to 20% in the U.S.. To service this, a high percentage of cash flows are locked in: ~90% of cash flows are contracted with an average remaining life of 14 years as of Q3 2025, or ~90% contracted for an average 13-years as of November 2025. Furthermore, 70% of revenues are indexed to inflation, providing resilience to these long-term customer agreements.

Here's a quick look at the contracted cash flow profile supporting these customer relationships:

Metric	Value (Late 2025)	Source Context
Average Contracted Life Remaining	14 years (Q3 2025) / 13 years (Nov 2025)	Contracted Cash Flows
Percentage of Cash Flows Contracted	~90%	Contracted Cash Flows
Percentage of Revenues Indexed to Inflation	70%	Revenue Resilience
Microsoft Framework Capacity (U.S. & Europe)	Over 10.5 GW (2026-2030 delivery)	Key Corporate PPA

High-touch relationships with governments for regulatory and development support.

Brookfield Renewable Corporation engages at the highest levels for strategic development, most notably with the U.S. government. They entered a transformational partnership concerning nuclear power via Westinghouse, where the U.S. Government plans to invest at least $80 billion to construct new reactors. This alignment with federal energy policy mitigates project risk. The company also has significant operational presence in developed countries, with ~75% of Funds From Operations (FFO) derived from Developed Countries.

You should review the impact of the recent Westinghouse deal on the 2026 development budget, Finance: confirm the capital allocation plan for the nuclear segment by end of Q1 2026.

Brookfield Renewable Corporation (BEPC) - Canvas Business Model: Channels

Direct sales via long-term Power Purchase Agreements (PPAs) to end-users.

Brookfield Renewable Corporation (BEPC) secures a significant portion of its output through these long-term arrangements. As of late 2025, Brookfield Renewable Corporation (BEPC) has contracted about 90% of its capacity. The weighted average remaining term for these contracts stands at 13 years. Furthermore, approximately 70% of Brookfield Renewable Corporation (BEPC)'s revenue is indexed to inflation through these agreements. In the third quarter of 2025, Brookfield Renewable Corporation (BEPC) successfully advanced commercial priorities by securing long-term contracts to deliver an incremental ~4,000 gigawatt hours per year of generation. This included signing a 20-year contract at one of its hydro facilities in the PJM region as part of a broader Renewable Energy Framework Agreement with Microsoft. The company has 6,000 gigawatt hours (GWh) of capacity contracts scheduled to expire over the next five years, presenting a channel for recontracting at potentially higher market rates.

Here's a look at the contracted position as of late 2025:

Metric	Value	Context/Date
Capacity Contracted	90%	Of total capacity
Weighted Average Remaining Term	13 years	For contracted capacity
Revenue Indexed to Inflation	Approx. 70%	Of total revenue
Contracts Expiring Next 5 Years	6,000 GWh	Capacity
New Contracts Secured (Q3 2025)	~4,000 GWh/year	Incremental generation

Wholesale electricity markets for power sales to utilities and grid operators.

When power is not sold via a PPA, Brookfield Renewable Corporation (BEPC) channels its generation into spot and short-term wholesale markets. The company's total revenue for the twelve months ending September 30, 2025, was $3.83B, which was down -8.20% year-over-year. For the third quarter ending September 30, 2025, revenue was reported at $1.02B, representing a decrease of -5.05% compared to the previous quarter. The hydroelectric segment, which benefits from hydrology conditions, delivered Funds From Operations (FFO) of $205 million in Q2 2025, up over 50% year-over-year on strong performance. Brookfield Renewable Corporation (BEPC) reported record FFO of $302 million for the third quarter of 2025, a 10% increase year-over-year, benefiting from solid operating performance across the portfolio.

Public equity markets (NYSE, TSX) for BEPC share issuance.

Brookfield Renewable Corporation (BEPC) utilizes the public markets for capital raising and shareholder returns. As of December 4, 2025, the market capitalization was reported at $14.98 Billion USD. The company declared a quarterly dividend of $0.373 per class A exchangeable subordinate voting share, payable on September 30, 2025, to shareholders of record as of August 29, 2025. Brookfield Renewable Corporation (BEPC) targets a sustainable distribution with increases targeted on average at 5% to 9% annually. The company strengthened its liquidity by completing almost $27 billion in financings across the business in 2024, including $800 million in upfinancings, ending the year with over $4.3 billion of available liquidity at the corporate level. In Q3 2025, the company raised ~$1.1 billion (~$400 million net to Brookfield Renewable) in upfinancing proceeds across three assets.

Key financial metrics related to market access and shareholder returns:

• Market Capitalization (Dec 4, 2025): $14.98B USD
• Q3 2025 FFO: $302 million
• Declared Quarterly Dividend (Q3 2025): $0.373 per share
• Liquidity Available (End of 2024): Over $4.3 billion
• Upfinancing Proceeds (Q3 2025): ~$1.1 billion

Direct engagement with governments for large-scale infrastructure projects.

Brookfield Renewable Corporation (BEPC) engages directly with governmental bodies to secure large-scale mandates and partnerships. In the third quarter of 2025, the company highlighted a transformational partnership with the U.S. Government to accelerate the deployment of Westinghouse's reactor technology. This engagement is expected to drive substantial growth. Furthermore, Brookfield Renewable Corporation (BEPC) has a massive 200 GW development pipeline, which includes 65 GW of projects in the advanced-stage pipeline, often requiring governmental alignment or support for permitting and offtake. The company also expects to deliver approximately 8,000 megawatts of new projects globally in 2025. Brookfield Renewable Corporation (BEPC) also continued its asset recycling program, generating expected proceeds of ~$2.8 billion (~$900 million net to Brookfield Renewable) since the start of Q3 2025, which is used to fund new investments often involving public sector collaboration.

Brookfield Renewable Corporation (BEPC) - Canvas Business Model: Customer Segments

You're looking at the core buyers of Brookfield Renewable Corporation (BEPC)'s power and equity, and honestly, it's a mix of the biggest names in power grids, tech, and institutional finance. The company has built its model around securing long-term, creditworthy counterparties to lock in durable cash flows.

Large, creditworthy electric utilities and grid system operators.

The foundation of Brookfield Renewable Corporation's contracted revenue comes from traditional power purchasers. These are the entities that keep the lights on, and BEPC prioritizes those with strong balance sheets. For instance, as of mid-2025, the economic exposure of its contracted generation is clearly segmented across these traditional buyers.

Here's a breakdown of the economic exposure from contracted generation on a proportionate basis:

Customer Type	Economic Exposure (% of Contracted Generation)
Power Authorities	32%
Distribution Companies	24%
Commercial & Industrial Users	34%
Brookfield (Internal)	10%

The majority of Brookfield Renewable Corporation's long-term Power Purchase Agreements (PPAs) are with counterparties rated as investment grade or otherwise deemed creditworthy. Furthermore, about 89% of its cash flows are contracted, with an average remaining contract life of 14 years across the portfolio as of the third quarter of 2025. This stability is key; it's why the company targets 10%+ Funds From Operations (FFO) per unit growth for 2025.

Global technology companies (data centers) and industrial corporations seeking clean power.

This segment is the current growth engine, driven by digitalization and Artificial Intelligence (AI) demand. Brookfield Renewable Corporation explicitly positions itself as the partner of choice to the hyperscalers. You see this in major deals signed recently.

Key customer engagements in this area include:

• Partnerships to supply power to technology giants like Microsoft and Google.
• A landmark Hydro Framework Agreement with Google to deliver up to 3,000 MW of hydroelectric capacity in the U.S.
• Contracting activities with these counterparties grew almost 100% in the last two years.
• The company brought 800 MW of new capacity online in Q1 2025, including solar, wind, and battery storage projects.

This focus on high-demand corporate users is supported by a development pipeline of approximately 231,700 MW as of mid-2025, with almost the entirety of development projects located in key data center markets. They are selling the backbone for the AI revolution, and that's a powerful customer draw.

Institutional investors (pension funds, endowments) and retail investors.

For investors, Brookfield Renewable Corporation offers exposure through its corporate shares (BEPC) or the limited partnership units (BEP). The BEPC structure was created to appeal to a broader investor base, simplifying tax reporting compared to the partnership units. The company targets 5% to 9% annual distribution growth, supported by its projected 10%+ FFO per unit growth through 2030.

Here are the financial metrics relevant to this customer segment:

• BEPC shares offered a 3.6% yield as of late 2025.
• BEP units offered a higher yield of 5.2%.
• The quarterly distribution for BEP units was $0.3730, equating to an annualized payout of $1.49.
• For the twelve months ending December 31, 2024, FFO per Unit was $1.83.

Institutional capital is attracted to the scale, investment-grade balance sheet (rated BBB+), and the highly contracted nature of the cash flows, which helps mitigate operating risk.

Governments and public sector entities focused on energy transition.

Brookfield Renewable Corporation engages with governments both through large-scale project financing and through its sustainable solutions platform, which includes nuclear services. This segment represents strategic, large-ticket partnerships that de-risk future growth areas.

Concrete examples of this engagement include:

• Entering a transformational partnership with the U.S. government at Westinghouse, where the government plans to invest at least $80 billion to construct new nuclear power reactors.
• Executing a project financing of €6.3 billion (approximately $7 billion) for Polenergia's offshore wind development in Poland, which was the largest project financing in the company's history as of Q2 2025.

The company's focus on energy security and independence, supported by net-zero aligned legislation, makes government entities a critical, albeit less frequent, customer type for its most complex, large-scale assets.

Brookfield Renewable Corporation (BEPC) - Canvas Business Model: Cost Structure

The Cost Structure for Brookfield Renewable Corporation (BEPC) reflects the capital-intensive nature of owning and developing a global fleet of clean energy assets. You're managing a business where the upfront investment is massive, so understanding where the cash goes is key to assessing profitability.

High capital expenditure for asset development and construction is a primary cost driver. This is the money required to build out the pipeline, which is essential for future growth. For context on the scale of deployment, Brookfield Renewable committed or deployed up to $2.1 billion (approximately $1.2 billion net to Brookfield Renewable) across multiple investments in the first nine months of 2025. Furthermore, the company has a stated goal to deploy between $9 billion and $10 billion over the next five years across both organic development and acquisitions. The estimated Capital Expenditure (CAPEX) for the full year 2025 for the partnership (BEP) was projected at $4,859 million.

Financing this massive asset base results in significant interest expense on total debt. While the prompt suggests a total debt figure of approximately $14.7 billion for the Last Twelve Months (LTM) ending September 2025, the reported Long Term Debt for Brookfield Renewable Corporation (BEPC) specifically was $12.771B for the quarter ending September 30, 2025. The associated financing cost is substantial; for the three months ended June 30, 2025, the total interest expense was reported at $425 million.

Managing a global, diverse asset portfolio necessitates considerable Operation and Maintenance (O&M) costs. These are the day-to-day expenses to keep the hydro, wind, solar, and battery assets running efficiently. While O&M is a component of total operating costs, the LTM September 2025 Operating Expenses for Brookfield Renewable Partners reached $5.289 billion, showing the sheer scale of the ongoing cost base.

Maintaining a scale, global platform requires commensurate General and Administrative (G&A) costs. For the twelve months ending September 30, 2025, Brookfield Renewable Corporation (BEPC) reported Selling, General & Administrative (SG&A) expenses of $110 million. This reflects the cost of managing a complex, international organization with significant corporate functions.

Finally, a major non-cash cost is Depreciation and Amortization (D&A). This accounting charge reflects the systematic write-down of the value of long-lived assets over time. For the first half of 2025 (H1 2025), the reported figure for depreciation and amortization was $319 million [Example]. It's important to note that management often emphasizes that this non-cash charge is typically higher than the actual sustaining capital expenditures required to maintain the assets, which is why Funds From Operations (FFO) is a key metric for assessing underlying cash performance.

Here is a summary of the key cost components:

Cost Component	Latest Reported/Estimated Figure	Period/Context
Total Debt (Approximate Context)	$14.7 billion	LTM Sep 2025 (as per outline context)
Interest Expense (Quarterly)	$425 million	Three months ended June 30, 2025
Total Operating Expenses (Proxy for O&M Scale)	$5.289 billion	LTM Sep 2025 (BEP)
General & Administrative (SG&A)	$110 million	LTM Sep 2025 (BEPC)
Depreciation & Amortization	$319 million	H1 2025
Gross Investment Deployed (YTD 9M 2025)	$2.1 billion	Nine months ended September 30, 2025

The cost structure is heavily weighted toward financing and asset maintenance, which is typical for a utility-scale infrastructure owner. You see this play out in their focus on asset recycling to fund new development without taking on proportionally more debt for every growth dollar.

• Capital Deployment Target: $9 billion to $10 billion over the next five years.
• Fixed Rate Debt: 90% of total borrowings on a proportionate basis.
• Weighted Average Interest Rate: 5.6%.

Finance: draft 13-week cash view by Friday.

Brookfield Renewable Corporation (BEPC) - Canvas Business Model: Revenue Streams

You're looking at the core ways Brookfield Renewable Corporation (BEPC) brings in cash, which is heavily reliant on long-term contracts and asset turnover. The foundation is definitely electricity sales under long-term Power Purchase Agreements (PPAs) from its massive fleet of hydro, wind, and solar assets, which provide stable, inflation-linked cash flows.

For the third quarter of 2025, Brookfield Renewable Corporation reported Funds From Operations (FFO) of $302 million, or $0.46 per unit, which was a 10% increase year-over-year. The performance was driven by solid operating results across the portfolio. To give you a clearer picture of the quarterly flow, here's how the FFO broke down by key segment for Q3 2025:

Segment	Q3 2025 FFO Amount
Hydroelectric	$119 million
Wind and Solar (Combined)	$177 million

The hydroelectric segment saw a 20% year-over-year increase in FFO to $119 million, helped by solid generation and higher pricing across the U.S. fleet. The company also advanced its commercial priorities in the quarter, signing contracts to deliver an additional 4,000 gigawatt-hours per year of generation.

Another significant component of the cash inflow is proceeds from capital recycling and asset sales. Brookfield Renewable continued this program, generating approximately $2.8 billion in expected proceeds from transactions signed and closed since the start of the third quarter of 2025. The company has a strong line of sight on further asset sales expected to contribute to record recycling for the full year 2025. The Q3 2025 revenue reported was $1.6 billion, which surpassed the forecast by 75.25%.

Revenue also comes from its growing sustainable solutions assets. These are key to helping corporates and countries meet net-zero goals. These revenue sources include:

• Investment in a leading global nuclear services business.
• A portfolio of investments in carbon capture and storage capacity.
• Investments in agricultural renewable natural gas, materials recycling, and eFuels manufacturing capacity.

The company continues to expect to deliver approximately 8,000 megawatts of new projects globally across utility scale solar, wind, distributed energy, and storage in 2025.