Brookfield Renewable: A Millionaire Maker in the Making?

Brookfield Renewable (NYSE: BEP)(NYSE: BEPC) is a fairly complex entity, but it has positioned itself to benefit from a trend that is likely to last for decades. With a lofty yield and an increasingly diversified business, this clean energy leader has a very real chance of helping investors build million-dollar portfolios.Here's why you might want to buy it today.From a simplistic point of view, Brookfield Renewable invests in clean energy infrastructure. The world is in the early innings of a transition from dirtier fuels to cleaner ones that has resulted in a rapid increase in demand for power sources like solar and wind. However, hydroelectric power, nuclear, and energy storage are also increasingly important aspects of the global energy grid. Brookfield Renewable has exposure to all of these technologies. And that exposure spans North America, South America, Europe, and Asia.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool