Utility With A 6.5% Yield And 12-15% Total Return Potential

This company with a predominately hydroelectric portfolio, complemented by wind-power generation, yields 6.5%, targets long-term total returns of 12-15%, and targets 5-9% distribution growth per year. 2015 setbacks mainly due to hydrology and the strong U.S. dollar. Recent acquisition of Isagen in Colombia is immediately accretive, and should help drive long-term growth.

Brookfield Renewable Energy Partners LP [TSX:BEP.UN](NYSE:BEP) is a pure-play renewable energy platform which operates in North America, Latin America, and Europe. It has about $20B of assets, including 207 hydroelectric generating facilities, 37 wind facilities, 3 biomass facilities, and 2 natural gas-fired plants. Its assets have 7,284 MW of generating capacity and annual generation of 25,766 GWh based on long-term averages.

Source: Seeking Alpha

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