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Investing in megatrends may allow shareholders to generate game-changing returns over time. One such megatrend is clean energy, as several countries aim to fight climate change. The renewable energy sector is positioned to attract billions of dollars in investments in the next two decades, making Brookfield Renewable Partners (TSX:BEP.UN) a top choice right now.
An overview of Brookfield Renewable Partners stock
Brookfield Renewable Partners is a global giant operating in the clean energy sector. It is a publicly traded platform for renewable power and decarbonization solutions, with a portfolio consisting of hydroelectric, wind, solar, distributed energy, and sustainable solutions across five continents.
Typically, renewable energy and decarbonization solutions across geographies are supported by highly contracted and durable cash flows, resulting in stable earnings across business cycles. Brookfield…
