Brookfield Is Launching Another Renewable Energy Company. Here's What Investors Need to Know.

Brookfield Is Launching Another Renewable Energy Company. Here's What Investors Need to Know.

Key PointsInvestment manager Brookfield Asset Management oversees a handful of industry-focused asset managers of its own.One of these asset managers, Brookfield Renewable, recently unveiled a deal that illustrates why its business is such a reliably consistent cash cow. "Capital recycling," or using self-funded projects rather than third-party funding, is a slower but ultimately smarter strategy. 10 stocks we like better than Brookfield Renewab…