Brookfield Renewable a Better Buy Now Than It Was 6 Months Ago?

Brookfield Renewable (NYSE: BEPC) looks weaker now than it did six months ago, despite the kind of backdrop that can lift clean-energy shares—higher oil prices. The article notes that the S&P Global Clean Energy Transition Index is up nearly 9% year to date as of Aug. 19, partly reflecting energy-security concerns after geopolitical shocks. But Brookfield’s shares are down 21.2% over the past six months, a move described as a bear-market decline. While the stock offers a 4.7% yield, the piece argues investors shouldn’t chase it because higher interest rates make bond and equity fundraising harder and could complicate Brookfield’s “capital recycling” via asset sales.