Brookfield Renewable Partners L.P. (BEP)

Brookfield Renewable Partners L.P. (BEP) is a pure-play renewable business. It has 260 power-generating facilities totaling US$25 billion of assets with about 10,700 MW of installed capacity.

Its portfolio is 88% hydroelectric generation, and it is complemented by 11% of wind generation.

Geographically, Brookfield Renewable generates 65% of its cash flows from North America, 15% from each of Brazil and Colombia, and 5% from Europe. So, it’s subject to some currency risk — specifically, the strength of other currencies against the U.S. dollar.