Jpmorgan chase and brookfield renewable launch collaboration to power over 500 offices and branches in new york with 100 percent renewable electricity

New york, oct. 27, 2020 (globe newswire) -- jpmorgan chase and brookfield renewable (nyse: bep, bepc: tsx: bep.un, bepc) today announced a five-year energy agreement for supplying clean, renewable electricity to over 500 of jpmorgan chase's real estate operations in new york state. brookfield renewable, which is, together with its institutional partners, an owner and operator of one of the world's largest publicly traded renewable power platforms, will provide service directly from its hydroelectric facilities. under the terms of this agreement, 90 percent of the bank's operations in new york state, ranging from rochester to brooklyn, will rely on these facilities to meet their electricity needs.
BEP Ratings Summary
BEP Quant Ranking