Brookfield Renewable Partners (BEP) Registration Filing summary

Company overview and business model

• Operates a global platform for renewable power and sustainable solutions, with a portfolio spanning hydroelectric, wind, solar, and storage assets across North America, South America, Europe, and Asia.

• Nearly 33,000 MW of operating capacity and a development pipeline of approximately 200,100 MW.

• Structure includes a Bermuda-based limited partnership and a Canadian corporate entity, offering investors flexibility in security type.

• The arrangement reorganizes the corporate structure, exchanging existing shares for new exchangeable shares, with economic exposure to the same assets.

Financial performance and metrics

• As of June 30, 2024: $29.8 billion in total debt, $27.98 billion in total equity, and $64.34 billion in total capitalization.

• 285,111,229 LP Units and 194,487,939 redeemable/exchangeable partnership units outstanding as of September 30, 2024.

Use of proceeds and capital allocation

• No cash proceeds will be received from the issuance or delivery of LP Units upon exchange, redemption, or acquisition of exchangeable shares.

• All expenses related to exchanges will be paid by the partnership.