Here’s How Brookfield Renewable’s Latest Acquisition Is Very Different

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Brookfield Renewable (NYSE: BEP)(NYSE: BEPC) has proven to be an incredible investment. Over the past year, total returns are more than 84%, and investors have enjoyed almost 700% in total returns over the past decade. And the bulk of those gains have come from utility-scale power production from a combination of hydroelectric, wind, and solar production. 

However, the company recently made a move into a different area for solar, acquiring more than 300 megawatts of renewable energy production capacity from Exelon that’s not coming from big wind or solar farms. In this video from Motley Fool Live, recorded on Dec. 14, “The Wrap” host Jason Hall explains how this new group of assets is different, as well as how it affects his thinking on Brookfield Renewable. 

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