Brookfield Renewable to Issue C$500 Million of Green Bonds

Rhea-AI Summary

Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC) agreed to issue C$500 million of Series 20 green notes due Jan. 15, 2056 with a coupon of 5.204%. The notes will be issued by Brookfield Renewable Partners ULC and fully guaranteed by Brookfield Renewable and certain subsidiaries, and are expected to close on or about Jan. 15, 2026 subject to customary conditions.

Proceeds are intended to fund Eligible Investments under Brookfield Renewable’s 2024 Green Financing Framework, including repayment of related indebtedness. The notes received ratings of S&P BBB+, DBRS BBB (high) stable and Fitch BBB+ and are being offered through a syndicate led by TD Securities, CIBC Capital Markets, National Bank Capital Markets, BMO Capital Markets, RBC Capital Markets and Scotiabank.

Positive

• C$500M long-term financing raised
• Fixed coupon at 5.204% through 2056
• Proceeds earmarked for Eligible Investments under green framework
• 18th green-labelled corporate issuance in North America

Negative

• Offer not registered in the U.S., limiting U.S. distribution
• Closing subject to customary conditions, not yet completed

News Market Reaction

-1.68%

1 alert

-1.68% News Effect

On the day this news was published, BEP declined 1.68%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Green bond size: C$500 million Coupon rate: 5.204% per annum Green issuances count: 18th issuance +5 more

8 metrics

Green bond size C$500 million Aggregate principal amount of Series 20 Notes

Coupon rate 5.204% per annum Interest rate on Series 20 Notes due January 15, 2056

Green issuances count 18th issuance Eighteenth green labelled corporate securities issuance in North America

S&P rating BBB+ Credit rating on the Notes by S&P Global Ratings

DBRS rating BBB (high), stable trend Credit rating on the Notes by DBRS Limited

Fitch rating BBB+ Credit rating on the Notes by Fitch Ratings

Assets under management $1 trillion Assets under management at Brookfield Asset Management

Price change 4.08% BEP one-day move prior to/around green bond announcement

Market Reality Check

Price: $30.47 Vol: Volume 894,229 is 1.77x t...

high vol

$30.47 Last Close

Volume Volume 894,229 is 1.77x the 20-day average of 503,801. high

Technical Trading above 200-day MA at $25.96 with price at $28.56.

Peers on Argus

BEP gained 4.08% while peers were mixed: BEPC +2.59%, ENLT +1.98%, CMS +1.29%, b...

BEP gained 4.08% while peers were mixed: BEPC +2.59%, ENLT +1.98%, CMS +1.29%, but CEG -0.69% and RNW -1.28%, pointing to a stock-specific reaction to the green bond issuance.

Common Catalyst Only CEG reported same-day news related to private exchange offers and consent solicitations; no broad sector news theme is evident.

Historical Context

5 past events · Latest: Jan 05 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 05	Earnings call notice	Neutral	+0.0%	Scheduled Q4 2025 results release and conference call details.
Jan 02	Preferred redemption	Positive	+0.0%	Planned cash redemption of Series 7 preferred units at C$25.00.
Dec 15	Buyback renewal	Positive	+0.4%	Renewal of issuer bids for LP units and preferred/equity securities.
Nov 05	Quarterly earnings	Positive	-2.9%	Q3 2025 results with higher FFO but net loss to unitholders.
Oct 03	Earnings call notice	Neutral	+0.1%	Announcement of Q3 2025 results release and conference call.

Pattern Detected

Recent news has typically produced modest price moves, with buyback and preferred redemption announcements aligning positively, while one earnings report saw a negative divergence despite growth metrics.

Recent Company History

Over the past few months, Brookfield Renewable issued several capital structure updates and earnings communications. On Oct 03, 2025 and Jan 05, 2026, it announced conference calls for quarterly results, which led to minimal share movement. A Dec 15, 2025 renewal of normal course issuer bids and a Jan 02, 2026 plan to redeem Series 7 preferred units supported slightly positive reactions. The Nov 05, 2025 Q3 2025 earnings release, featuring higher FFO but a net loss, coincided with a notable price decline.

Market Pulse Summary

This announcement details a C$500 million green bond issuance bearing 5.204% interest and backed by ...

Analysis

This announcement details a C$500 million green bond issuance bearing 5.204% interest and backed by investment-grade ratings such as S&P BBB+. Proceeds are earmarked for Eligible Investments under the 2024 Green Financing Framework, including debt repayment tied to those projects. In recent months, Brookfield Renewable also renewed buybacks and announced a preferred redemption, underscoring active balance sheet management. Investors may track execution on these funded projects and future earnings updates for impact.

Key Terms

green bonds, aggregate principal amount, base shelf prospectus, prospectus supplement, +3 more

7 terms

green bonds financial

"Brookfield Renewable to Issue C$500 million of Green Bonds"

Green bonds are loans a borrower sells to investors where the money raised is earmarked for projects with environmental benefits, like renewable energy, clean transportation, or energy-efficient buildings. Think of them as a labeled loan — similar to lending money to someone specifically to install solar panels — which matters to investors because the label can affect demand, reputation, and potentially risk and return if environmental rules, subsidies, or project performance influence cash flow.

aggregate principal amount financial

"agreed to issue C$500 million aggregate principal amount of Series 20 Notes"

The aggregate principal amount is the total amount of money borrowed through a bond or loan that the borrower promises to repay. It’s like the original price tag on a loan or bond, showing how much money is involved in the deal. This number matters because it indicates the size of the debt and helps investors understand the scale of the borrowing.

base shelf prospectus regulatory

"The Notes will be issued pursuant to a base shelf prospectus dated September 26, 2025"

A base shelf prospectus is a pre-approved regulatory document that lets a company register a range of securities once and then sell them to the public over time without repeating the full approval process for each offering. For investors it’s like a menu and standing permission slip: it lays out the types of securities, key risks and terms ahead of any specific sale, so buyers can assess potential dilution, timing and the company’s plans before new shares or debt hit the market.

prospectus supplement regulatory

"a related prospectus supplement and pricing supplement to be dated January 13, 2026"

A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.

pricing supplement regulatory

"a related prospectus supplement and pricing supplement to be dated January 13, 2026"

A pricing supplement is a short, final document that gives the exact terms of a new securities offering—such as the price, interest rate, size and settlement date—building on the broader prospectus. Think of it as the day’s receipt that turns a general menu into the specific order; investors use it to see the concrete deal terms that determine value, yield and whether to buy.

guaranteed financial

"fully and unconditionally guaranteed by Brookfield Renewable and certain subsidiaries"

A guarantee is a formal promise that a payment or obligation will be met even if the original party cannot fulfill it, often provided by a third party, insurer, or legal contract. For investors it signals lower risk—similar to a co-signer on a loan—because the guarantor should cover missed payments or performance, but the protection only matters as much as the guarantor’s financial strength and the legal enforceability of the promise.

syndicate of agents financial

"The Notes are being offered through a syndicate of agents led by TD Securities"

A syndicate of agents is a temporary team of banks or brokerage firms that join forces to sell and distribute a new stock or bond offering, sharing the work and the financial risk. For investors, the syndicate affects how quickly and widely the securities are placed, the initial price and allocation rules, and the perceived credibility of the deal—like several stores agreeing to carry a new product so it reaches more customers and sells smoothly.

AI-generated analysis. Not financial advice.

BROOKFIELD, News, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC) (“Brookfield Renewable”) today announced that it has agreed to issue C$500 million aggregate principal amount of Series 20 Notes (the “Notes”), due January 15, 2056, which will bear interest at a rate of 5.204% per annum.

Brookfield Renewable Partners ULC, a subsidiary of Brookfield Renewable, will be the issuer of the Notes, which will be fully and unconditionally guaranteed by Brookfield Renewable and certain of its key holding subsidiaries.

The Notes will be issued pursuant to a base shelf prospectus dated September 26, 2025 and a related prospectus supplement and pricing supplement to be dated January 13, 2026. The issue is expected to close on or about January 15, 2026 subject to customary closing conditions.

The Notes will represent Brookfield Renewable’s eighteenth green labelled corporate securities issuance in North America. Brookfield Renewable intends to use the net proceeds from the sale of the Notes to fund Eligible Investments (as defined in Brookfield Renewable’s 2024 Green Financing Framework (the “Green Financing Framework”)), including to repay indebtedness incurred in respect thereof. The Green Financing Framework is available on Brookfield Renewable’s website and described in the prospectus supplement in respect of the offering.

The Notes have been rated BBB+ by S&P Global Ratings, BBB (high) with a stable trend by DBRS Limited and BBB+ by Fitch Ratings.

The Notes are being offered through a syndicate of agents led by TD Securities, CIBC Capital Markets, National Bank Capital Markets, BMO Capital Markets, RBC Capital Markets and Scotiabank, and including Desjardins, BNP Paribas, Mizuho Securities, MUFG, SMBC Nikko and iA Private Wealth Inc.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction, nor shall there be any offer or sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities being offered have not been approved or disapproved by any regulatory authority nor has any such authority passed upon the accuracy or adequacy of the short form base shelf prospectus or the prospectus supplement. The offer and sale of the securities has not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold in the United States or to United States persons absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws.

Brookfield Renewable

Brookfield Renewable operates one of the world’s largest publicly traded platforms for renewable power and sustainable solutions. Our renewable power portfolio consists of hydroelectric, wind, utility-scale solar, distributed solar, and storage facilities and our sustainable solutions assets include our investment in a leading global nuclear services business and investments in carbon capture and storage capacity, agricultural renewable natural gas, materials recycling and eFuels manufacturing capacity, among others.

Investors can access the portfolio either through Brookfield Renewable Partners L.P. (NYSE: BEP; TSX: BEP.UN), a Bermuda-based limited partnership, or Brookfield Renewable Corporation (NYSE, TSX: BEPC), a Canadian corporation.

Brookfield Renewable is the flagship listed renewable power and transition company of Brookfield Asset Management, a leading global alternative asset manager headquartered in New York, with over $1 trillion of assets under management.

Contact information:
Media:	Investors:
Simon Maine	Alex Jackson
+44 7398 909 278	+1 (416) 649-8172
simon.maine@brookfield.com	alexander.jackson@brookfield.com

Cautionary Statement Regarding Forward-looking Statements

Note: This news release contains forward-looking statements and information within the meaning of Canadian securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Forward-looking statements can be identified by the use of words such as “will”, “expected”, “intend”, or variations of such words and phrases. Forward-looking statements in this news release include statements regarding the closing, the terms and the use of proceeds of the offering of Notes. Although Brookfield Renewable believes that such forward-looking statements and information are based upon reasonable assumptions and expectations, no assurance is given that such expectations will prove to have been correct. The reader should not place undue reliance on forward-looking statements and information as such statements and information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Brookfield Renewable to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements and information. Except as required by law, Brookfield Renewable does not undertake any obligation to publicly update or revise any forward-looking statements or information, whether written or oral, whether as a result of new information, future events or otherwise.

FAQ

What are the terms of Brookfield Renewable's C$500 million bond (BEP) announced Jan. 13, 2026?

The Series 20 notes are C$500 million due Jan. 15, 2056 with a coupon of 5.204% and guaranteed by Brookfield Renewable and certain subsidiaries.

How will Brookfield Renewable (BEP) use proceeds from the Jan. 13, 2026 green bond offering?

Net proceeds are intended to fund Eligible Investments under the 2024 Green Financing Framework, including repayment of indebtedness related to those investments.

What credit ratings did Brookfield Renewable's Jan. 13, 2026 notes receive for BEP?

The notes were rated S&P BBB+, DBRS BBB (high) stable and Fitch BBB+.

When is the expected closing date for Brookfield Renewable's C$500 million green notes (BEP)?

The issue is expected to close on or about Jan. 15, 2026, subject to customary closing conditions.

Who is managing the distribution of Brookfield Renewable's Jan. 13, 2026 bond offering (BEP)?

The syndicate is led by TD Securities, CIBC Capital Markets, National Bank Capital Markets, BMO, RBC and Scotiabank, with additional agents including Desjardins and international banks.