B
BEPI
Brookfield BRP Holdings (Canada) Inc. 4.875% Perpetual Subordinated Notes
$15.48
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About Brookfield BRP Holdings (Canada) Inc. 4.875% Perpetual Subordinated Notes
BEPI is not a stock. It is a perpetual subordinated note, a type of loan, issued by Brookfield BRP Holdings (Canada), part of the Brookfield Renewable family that owns hydro, wind, and solar power plants. Buyers lend money to the company and receive a fixed 4.875% yearly interest rate with no end date. The company makes its money by selling electricity from its renewable plants, and that income is what pays the note's interest.