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Brookfield Renewable Partners L.P. (BEP.UN $42.49)
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Brookfield Infrastructure Partners L.P. (BIP.UN $50.08)
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Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares (BIPC $55.99)
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Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC $52.97)
Q: Hi,
I saw a Morningstar article in January about BEP, mentioning this:
Big picture: Management announced plans to address the widening relative premium of BEPC to BEP shares. The firm launched an at-the-market equity program for BEPC shares, which it plans to use to repurchase shares of BEP, given the outsize relative premium.
YTD both BEP.UN and BIP.UN ouperformed their counterparts, BEPC and BIPC. Would it be the reason?
Do you have any knowledge of this Brookfield’ plan. Thanks.
I saw a Morningstar article in January about BEP, mentioning this:
Big picture: Management announced plans to address the widening relative premium of BEPC to BEP shares. The firm launched an at-the-market equity program for BEPC shares, which it plans to use to repurchase shares of BEP, given the outsize relative premium.
YTD both BEP.UN and BIP.UN ouperformed their counterparts, BEPC and BIPC. Would it be the reason?
Do you have any knowledge of this Brookfield’ plan. Thanks.