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BEPC vs TXNM

Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares and TXNM Energy, Inc.

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Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares

Brookfield Renewable Corporation owns and operates a portfolio of renewable power and sustainable solution assets. The company's portfolio consists of hydroelectric, wind, utility-scale solar, distributed generation, pumped storage, carbon capture and storage, cogeneration, biomass, and eFuels. Its operations consist of approximately 13,948 megawatts of installed hydroelectric, wind, solar, and storage and ancillary capacity located in Brazil, Colombia, North America, and Europe. The company was incorporated in 2019 and is headquartered in New York, New York. Brookfield Renewable Corporation is a subsidiary of Brookfield Renewable Partners L.P.

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TXNM Energy, Inc.

TXNM Energy, Inc., through its subsidiaries, provides electricity and electric services in the United States. The company engages in the generation, transmission, and distribution of electricity for retail electric customers in New Mexico; and owns and leases communications, office and other equipment, office space, vehicles, energy storage facilities, and real estate. It also provides regulated transmission and distribution services in Texas, as well as owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. The company was formerly known as PNM Resources, Inc and changed its name to TXNM Energy, Inc. in August 2024. TXNM Energy, Inc. was founded in 1882 and is based in Albuquerque, New Mexico.

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