1 Thing You Need to Know About Brookfield Renewable Stock Before You Buy

Brookfield Renewable (NYSE: BEP)(NYSE: BEPC) is a unique clean energy investment. There are multiple reasons for this, but one of the most important often gets overlooked by investors. Here's why Brookfield Renewable is an interesting way to play the clean energy transition and why you have to go in with your eyes open if you decide to buy it.Brookfield Renewable owns, operates, and builds clean energy assets. So it produces and sells electricity. Most of its assets have long-term contracts, so the revenues it generates tend to be fairly stable over time. Given this high-level view, some investors might consider it as something similar to a utility. That view is buttressed by the lofty yield Brookfield Renewable offers. The partnership share class is yielding 6.8% today while the corporate share class is yielding 5.7%.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool