Brookfield Renewable Partners Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Connor Teskey

Chief executive officer

US$9.0m

Total compensation

CEO salary percentage	9.6%
CEO tenure	4.1yrs
CEO ownership	n/a
Management average tenure	6.5yrs
Board average tenure	9.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Connor Teskey's remuneration changed compared to Brookfield Renewable Partners's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$347m
Jun 30 2024	n/a	n/a	-US$230m
Mar 31 2024	n/a	n/a	-US$117m
Dec 31 2023	US$9m	US$871k	-US$30m
Sep 30 2023	n/a	n/a	-US$146m
Jun 30 2023	n/a	n/a	-US$219m
Mar 31 2023	n/a	n/a	-US$177m
Dec 31 2022	US$6m	US$746k	-US$222m
Sep 30 2022	n/a	n/a	-US$198m
Jun 30 2022	n/a	n/a	-US$177m
Mar 31 2022	n/a	n/a	-US$242m
Dec 31 2021	US$9m	US$684k	-US$301m
Sep 30 2021	n/a	n/a	-US$367m
Jun 30 2021	n/a	n/a	-US$418m
Mar 31 2021	n/a	n/a	-US$401m
Dec 31 2020	US$6m	US$680k	-US$250m
Sep 30 2020	n/a	n/a	-US$207m
Jun 30 2020	n/a	n/a	-US$105m
Mar 31 2020	n/a	n/a	-US$80m
Dec 31 2019	US$11m	US$757k	-US$59m
Sep 30 2019	n/a	n/a	US$104m
Jun 30 2019	n/a	n/a	US$105m
Mar 31 2019	n/a	n/a	US$116m
Dec 31 2018	US$2m	US$321k	US$118m

Compensation vs Market: Connor's total compensation ($USD9.03M) is about average for companies of similar size in the Canadian market ($USD7.95M).

Compensation vs Earnings: Connor's compensation has increased whilst the company is unprofitable.

CEO

Connor Teskey (36 yo)

4.1yrs

Tenure

US$9,026,898

Compensation

Mr. Connor David Teskey is President, Managing Partner and Chief Executive Officer of Renewable Power & Transition of Brookfield Corporation from 2022. He was Managing Partner and Chief Executive Officer o...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Connor Teskey	Chief Executive Officer	4.1yrs	US$9.03m	no data
Wyatt Hartley	CFO & Managing Partner of Renewable Power and Transition	no data	US$1.45m	no data
Jennifer Mazin	Managing Partner of Renewable Power & Transition and General Counsel of BRP Energy Group LP	no data	US$1.48m	no data
F. Davidson	Managing Partner of Renewable Power & Transition	5.7yrs	US$1.99m	no data
Julian Deschatelets	Managing Partner of Renewable Power & Transition	no data	US$1.00m	0.000070% CA$ 12.1k
Ralf Rank	Managing Partner of Private Equity	7.8yrs	US$1.62m	no data
Benjamin Vaughan	Senior Managing Partner	no data	US$2.58m	no data
Brian Cook	Managing Director of Renewable Power & Transition	16.3yrs	no data	no data
Luiz Simões Lopes	Executive Chairman of Latin America	6.8yrs	no data	no data
Justin Beber	Senior Managing Partner	6.5yrs	no data	no data
William Powell	Managing Partner of Credit	6.5yrs	no data	no data
Madeleine Bourdon	Managing Director of Renewable Power & Transition	no data	no data	no data

6.5yrs

Average Tenure

51yo

Average Age

Experienced Management: BEP.UN's management team is seasoned and experienced (6.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jeffrey Blidner	Chairman of Brookfield Renewable Partners Limited	13.3yrs	no data	no data
Nancy Dorn	Independent Director of Brookfield Renewable Partners Limited	5.8yrs	no data	0.00032% CA$ 55.2k
David Mann	Lead Independent Director of Brookfield Renewable Partners Limited	13yrs	no data	no data
Louis Maroun	Independent Director of Brookfield Renewable Partners Limited	13.3yrs	no data	0.019% CA$ 3.3m
Mark Carney	Chair of Brookfield Renewable Partners Limited & Head of Transition Investing	no data	no data	no data
Patricia Zuccotti	Independent Director of Brookfield Renewable Partners Limited	13yrs	no data	0.0028% CA$ 475.9k
Stephen Westwell	Independent Director of Brookfield Renewable Partners Limited	5.8yrs	no data	no data
Scott Cutler	Independent Director of Brookfield Renewable Partners Limited	4yrs	no data	0.0014% CA$ 239.7k
Sarah Deasley	Independent Director of Brookfield Renewable Partners Limited	2.5yrs	no data	no data

9.4yrs

Average Tenure

66yo

Average Age

Experienced Board: BEP.UN's board of directors are considered experienced (9.4 years average tenure).

Brookfield Renewable Partners Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

Brookfield Renewable Partners L.P. Appoints Lluis Noguera as Global Head of Development

Board Member recently bought CA$763k worth of stock

Board Member recently bought CA$984k worth of stock

Recent updates

Third quarter dividend of US$0.35 announced

New minor risk - Profitability

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates increase from loss to US$0.30 profit

New major risk - Revenue and earnings growth

Consensus EPS estimates upgraded to US$0.25 loss

Abu Dhabi Future Energy Company PJSC agreed to acquire Saeta Yield, S.A. from Brookfield Renewable Partners L.P. (TSX:BEP.UN) for an enterprise value of €1.2 billion.

New major risk - Revenue and earnings growth

Upcoming dividend of US$0.35 per share

Consensus EPS estimates fall by 13%

Second quarter dividend of US$0.35 announced

Second quarter 2024 earnings: Revenues miss analyst expectations

Brookfield Renewable Partners L.P. Announces Quarterly Distribution , Payable September 27, 2024

New major risk - Revenue and earnings growth

Consensus EPS estimates fall by 19%

New minor risk - Profitability

Forecast breakeven date pushed back to 2026

Consensus EPS estimates upgraded to US$0.70 loss

Brookfield Leads Group Reportedly Seeks Takeover of Neoen

Now 23% undervalued

Upcoming dividend of US$0.35 per share

New major risk - Financial position

First quarter dividend of US$0.35 announced

New major risk - Financial position

Forecast breakeven date moved forward to 2025

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates fall by 51%, revenue upgraded

Consensus EPS estimates fall by 15%

Consensus EPS estimates fall by 23%, revenue upgraded

Forecast breakeven date pushed back to 2026

Brookfield Renewable Partners L.P. to Report Q1, 2024 Results on May 03, 2024

Full year 2023 earnings: EPS exceeds analyst expectations

Upcoming dividend of US$0.35 per share

Fourth quarter dividend of US$0.35 announced

Forecast breakeven date pushed back to 2025

Full year 2023 earnings: EPS exceeds analyst expectations

Brookfield Renewable Partners L.P. Declares Quarterly Distribution,Payable on March 28, 2024

New major risk - Financial position

Insufficient new directors

Upcoming dividend of US$0.34 per share at 5.5% yield

Brookfield Renewable Partners L.P. Announces Quarterly Dividend, Payable on December 29, 2023

Third quarter 2023 earnings: EPS exceeds analyst expectations

New major risk - Financial position

Brookfield Renewable Partners L.P. (TSX:BEP.UN) acquired Banks Renewables Limited from Banks Renewables Holdings Limited.

Cubico Sustainable Investments acquired Carape I, Carape II and Alto Cielo solar photovoltaic plant from Brookfield Renewable Partners L.P. (TSX:BEP.UN).

Brookfield Renewable Partners L.P. Appoints Lluis Noguera as Global Head of Development

Upcoming dividend of US$0.34 per share at 5.4% yield

Board Member recently bought CA$763k worth of stock

New major risk - Revenue and earnings growth

Brookfield Renewable Partners L.P. Announces Quarterly Distribution, Payable on September 29, 2023

Second quarter 2023 earnings: Revenues miss analyst expectations

Brookfield Renewable Partners L.P. to Report Q2, 2023 Results on Aug 04, 2023

New minor risk - Shareholder dilution

Brookfield Renewable Partners L.P. announced that it expects to receive $156.249995 million in funding from Brookfield Reinsurance Ltd.

Brookfield Renewable Partners L.P. (TSX:BEP.UN) and Brookfield Renewable Corporation (TSX:BEPC) entered into an agreement to acquire an unknown minority stake Duke Energy Renewables LLC from Duke Energy Corporation (NYSE:DUK) for $2.8 billion.

Upcoming dividend of US$0.34 per share at 4.3% yield

Brookfield Renewable Partners L.P. Announces Quarterly Dividend, Payable on June 30, 2023

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Forecast breakeven date pushed back to 2025

Board Member recently bought CA$984k worth of stock

Upcoming dividend of US$0.34 per share at 4.9% yield

Full year 2022 earnings: EPS misses analyst expectations

Brookfield Renewable Partners L.P. Announces Quarterly Distribution, Payable on March 31, 2023

Brookfield Renewable Partners L.P. to Report Q4, 2022 Results on Feb 03, 2023

Upcoming dividend of US$0.32 per share

Consensus forecasts updated

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Brookfield Renewable Partners L.P. Announces Next Quarterly Distribution, Payable on December 30, 2022

Brookfield Renewable Partners L.P. to Report Q3, 2022 Results on Nov 04, 2022

A strategic consortium led by Cameco Corporation (TSX:CCO) and Brookfield Renewable Partners L.P. (TSX:BEP.UN) entered into an equity purchase agreement to acquire Westinghouse Electric Company LLC from Brookfield Business Partners L.P. (NYSE:BBU) and others at an enterprise value of $7.9 billion.

Now 23% undervalued after recent price drop