5 Biggest Green Energy Companies in the World

3. Brookfield Renewable Partners L.P. (NYSE:BEP)

Market Cap: $19.01 Billion

Number of Hedge Fund Holders: 21

Brookfield Renewable Partners L.P. (NYSE:BEP) runs renewable power generating facilities in North America, Colombia, Brazil, Europe, India, and China. The company generates electricity through hydroelectric, wind, solar, distributed generation, pumped storage, cogeneration, and biomass sources. This January, National Bank analyst Rupert Merer upgraded Brookfield Renewable Partners L.P. (NYSE:BEP) to Outperform from Sector Perform and gave the stock a $38 price target.

Moreover, On January 26, 2022, Brookfield Renewable Partners L.P. (NYSE:BEP) announced that it has acquired clean power developer Urban Grid and its high-quality projects of roughly 13,000 megawatts of utility-scale solar and 7,000 megawatts of energy storage capacity for $650 million.

Insider Monkey identified Brookfield Renewable Partners L.P. (NYSE:BEP) to be a part of 21 hedge fund portfolios at the end of the fourth quarter of 2021. The total stakes of these funds exceeded $234.36 million. This is compared to $145.16 million in the previous quarter, with 17 positions. stock.

As of March 17, 2022, Select Equity Group is the largest shareholder in Brookfield Renewable Partners L.P. (NYSE:BEP). The fund’s stakes in the company were valued at $40.59 million, which accounts for 0.11% of Select Equity Group’s Q4 2021 investment portfolio.