Brookfield Renewable Partners L.P. (BEP) Stock News, Dec 2024-Jun 2025

Brookfield Renewable announced the issuance of C$250 million Fixed-to-Fixed Reset Rate Subordinated Hybrid Notes due September 10, 2055. The notes will initially bear interest at 5.373% annually, with resets every five years starting September 10, 2030 at a rate equal to the five-year Government of Canada yield plus 2.459%. This marks Brookfield's seventeenth green-labeled corporate securities issuance in North America and sixth under their 2024 Green Financing Framework. The notes will be issued by Brookfield Renewable Partners ULC and guaranteed by Brookfield Renewable and key holding subsidiaries. The offering is expected to close around June 10, 2025, with proceeds intended to fund Eligible Investments under their Green Financing Framework, including debt repayment.

Brookfield Renewable Partners (NYSE: BEP) reported strong Q1 2025 results with FFO of $315 million ($0.48 per unit), up 7% year-over-year. The company posted a net loss of $197 million. Key achievements include: Financial & Growth Highlights: - Raised C$450M in medium-term notes - ~$4.5B available liquidity - Deployed/committed $4.6B ($500M net) in investments - Executed $900M in asset sales ($230M net) - Repurchased ~$35M of units year-to-date Operational Achievements: - Operating fleet approaching 45,000 megawatts - Delivered ~800MW capacity in Q1 - Secured contracts for ~4,500 gigawatt hours/year - Expected to add ~8,000MW new capacity in 2025 - Portfolio ~90% contracted for 14-year average duration Strategic Developments: - Completed Neoen privatization - Agreed to acquire National Grid Renewables - Advancing Microsoft Renewable Energy Framework Agreement

Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC) has announced it will host its First Quarter 2025 Conference Call and Webcast on Friday, May 2, 2025, at 9:00 a.m. ET. The company will release its Q1 2025 results earlier the same day at approximately 7:00 a.m. ET.

Brookfield Renewable operates one of the world's largest publicly traded renewable power platforms, featuring a diverse portfolio including:

• Hydroelectric facilities
• Wind power assets
• Utility-scale solar installations
• Storage facilities
• Nuclear services
• Carbon capture and storage investments
• Agricultural renewable natural gas
• Materials recycling
• eFuels manufacturing capacity

Brookfield Renewable Partners (NYSE: BEP) has announced dividend rates for its preference shares. The Series 1 Shares will pay fixed quarterly dividends at an annual rate of 5.203% ($0.3251875 per share per quarter) for the period from May 1, 2025, to April 30, 2030.

For Series 2 Shares, the quarterly floating rate dividend will be paid at an annual rate of 2.62% over the three-month Government of Canada treasury bills yield. The next quarterly dividend will be $0.3317675 per share, payable on July 31, 2025.

Holders of both series have conversion options by April 15, 2025. Currently, there are 6,849,533 Series 1 Shares and 3,110,531 Series 2 Shares outstanding. Automatic conversion rules apply if either series falls below 1,000,000 shares after April 30, 2025.

Brookfield Renewable (NYSE: BEP, BEPC) has announced plans to issue C$450 million in Series 19 Notes due October 12, 2035, with a 4.542% annual interest rate. The notes, representing the company's sixteenth green-labeled corporate securities issuance in North America, will be issued through Brookfield Renewable Partners ULC and are expected to close around March 12, 2025.

The Notes have received investment-grade ratings: BBB+ from S&P Global Ratings and Fitch Ratings, and BBB (high) from DBRS The proceeds will be used to fund Eligible Investments under Brookfield's 2024 Green Financing Framework, including debt repayment.

The offering is being managed by a syndicate of agents led by major financial institutions including CIBC Capital Markets, RBC Capital Markets, and TD Securities, among others. The securities have not been registered under the U.S. Securities Act and are subject to certain restrictions in the United States.

Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC) has announced the completion of its 2024 annual filings, including audited financial statements for the year ended December 31, 2024. The documents have been filed with the SEC on EDGAR and Canadian securities regulatory authorities on SEDAR+.

The company operates one of the world's largest publicly traded renewable power platforms, with a portfolio comprising:

• Hydroelectric facilities
• Wind power assets
• Utility-scale solar installations
• Storage facilities
• Investment in global nuclear services
• Carbon capture and storage investments
• Agricultural renewable natural gas
• Materials recycling
• eFuels manufacturing capacity

Brookfield Renewable is the flagship listed renewable power company of Brookfield Asset Management, which manages over $1 trillion in assets.

Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC) has announced its Fourth Quarter 2024 Conference Call and Webcast scheduled for January 31, 2025, at 8:30 a.m. ET. The company will release its results earlier the same day at approximately 7:00 a.m. ET.

Brookfield Renewable operates one of the world's largest publicly traded renewable power platforms, with an operating capacity exceeding 35,000 megawatts and a development pipeline of approximately 200,000 megawatts. Their portfolio includes hydroelectric, wind, utility-scale solar, distributed generation, and storage facilities across multiple continents. The company's sustainable solutions portfolio includes investments in Westinghouse, a utility and independent power producer in the Caribbean and Latin America, along with carbon capture, agricultural renewable natural gas, and materials recycling projects.

Brookfield Renewable Partners L.P. (BEP) and Brookfield Renewable (BEPC) have received all necessary approvals for their previously announced reorganization plan. The arrangement will take effect before market opening on December 24, 2024. Under this reorganization, BEPC shareholders will automatically receive new class A exchangeable shares that maintain the same economic benefits and governance structure as their current investment. These New Exchangeable Shares will continue trading under the symbol 'BEPC' on both the Toronto Stock Exchange and New York Stock Exchange.

Brookfield Renewable has announced the renewal of its normal course issuer bids for various securities on the Toronto Stock Exchange (TSX). The company is authorized to repurchase up to 14,255,578 LP Units (5% of outstanding) and 8,982,042 Exchangeable Shares (5% of outstanding). For Preferred Units and Preferred Shares, the repurchase authorization is approximately 10% of each series' public float.

The buyback program will run from December 18, 2024, to December 17, 2025. Under the previous program, BEP repurchased 2,279,654 LP Units at an average price of CDN$30.86. The company believes these repurchases provide flexibility to acquire shares when trading below their intrinsic value, representing an attractive use of funds.