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However, BEP’s revenue for the quarter came in at $1.02 billion, compared to $1.05 billion in the prior-year quarter. And its net loss came in at $55 million in the quarter versus $89 million in net income in the year-ago period.
BEP has agreed to sell certain assets as part of its capital recycling strategy. Its units have lost 7.5% over the past three months and 6.1% over the past month.
