The article highlights three dividend stocks—PepsiCo, Chevron, and Brookfield Asset Management—that are attractive additions to investment portfolios for their reliable and growing payouts, with a focus on PepsiCo's recent improvements and potential for future growth. It emphasizes the importance of dividend stocks for long-term value and income generation.
Brookfield Asset Management has won a bid to complete two nuclear reactors in South Carolina, halted in 2017, with plans to ensure no additional costs for ratepayers and potential power sales to data centers, marking a significant step in the U.S. nuclear revival.
South Carolina's utility Santee Cooper is negotiating with Brookfield Asset Management to revive the abandoned V.C. Summer nuclear project, aiming to build two new reactors at the site with minimal risk to ratepayers and taxpayers, though significant regulatory and technical hurdles remain.
Google announced a $25 billion investment to expand its AI and data center infrastructure, including a $3 billion deal with Brookfield to purchase up to 3,000 MW of hydroelectric power, making it the world's largest corporate hydroelectric deal, aimed at securing low-carbon energy for its growth.
Swedish landlord SBB plans to divide up its operations and raise 8 billion Swedish kronor ($720 million) in a deal with Canada's Brookfield Asset Management to ease its funding crisis. The cash injection and break-up plan signal that money is available despite Sweden's real estate crisis. SBB, which became the epicenter of Sweden's property meltdown, will carve itself up into three separate entities, with Brookfield controlling the school unit. The company will continue to explore opportunities to bring in equity partners for its residential business.