Share of Bruckfield renewable ,BEPC -0.97%, According to data provided by, increased by 11.5% in June S&P Global Market IntelligenceThere was no specific catalyst power Renewable energy dividend Last month. Instead, it jumped due to the overall rally in the stock market and its strong growth capacity.

There is an increase in optimism about what is next

S&P 500 ,^GSPC -0.94%, Last month, rally rally, a tariff-powered recession began to fade by 5% as a possibility of recession. After the decline in April, the stock has been recovered in the last few months as the US stopped several of its tariffs during the closure of trade deals with several major partners. This reduced the pressure on economy and stock prices last month. The rally in the market helped lift Brookfield Renewable shares.

Renewable energy company It is also riding a wave of increase in electricity demand. Catalyst Like Artificial Intelligence (AI) Data Center, Manufacturing Onashoring of Manufacturing, and Electrification of Everything is strongly demanding for power Worldwide, The International Energy Agency hopes that global electricity demands from data centers have up to more than 2030 to 945 Terravat-hours. This is slightly higher than Japan’s entire power consumption.

Strong demand for power, especially From clean energy sources Like Renewing, Brookfield is benefiting Akshay. It is signing long -term power purchase agreements (PPAs) with companies to support mass and growing backlogs of development projects. For example, the company secured the contract to give an aged 4.5 gigawatt-hour to increase customers per year during the first quarter. These PPAs support the company’s plans to score their growth capabilities from 8 GW to 2027 per year from 8 GW to 2027 per year.

Brookfield also continues to accelerate its growth by acquiring. It completed Neon’s acquisition earlier this year. deal They say Operation of 8 GW or Under construction Pawan, solar and storage property. In addition, Neoen has 20 GW projects in its advanced-phase pipeline in Australia, France and Nordics.

The company also agreed to buy National Grid Renewable, a major American coastal renewable power operator and developer. 3.9 GW will be operated in that transaction or Under construction Property, 1-GW construction-taiyar portfolio, and more than 30 gigwot solar and energy storage development projects.

Is Brookfield Renewable still a purchase after the last month’s rally?

Brookfield Renewable hopes to run electricity prices, development projects and acquisitions to run more than 10% annual growth in their funds (FFO) Per share in the next decade. This is a rapid growth for a company that provides a high yielding dividend (still over 4% after the previous month’s increase). That combination of development and income still resembles Great Long investment, even after last month’s rally.