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Brookfield Renewable CEO says company will pass on higher costs from tariffs to U.S. corporate customers

February 1, 2025
Source: theglobeandmail.com theglobeandmail.com
News Snapshot:
Open this photo in gallery: Connor Teskey of Brookfield says the company has expanded its procurement via agreements with an array of equipment manufacturers in the U.S. and internationally.Brian Rankin/The Globe and Mail The growing demand for clean power is strong enough to withstand higher tariffs and upheavals in the development of artificial intelligence, but increased costs from trade barriers would be passed on to customers, Brookfield Renewable Partners BEP-UN-T chief executive officer Connor Teskey said Friday. As the White House promised to impose 25-per-cent tariffs on Canada and Mexico starting Saturday, Mr. Teskey said that large and rising demand...
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