On November 11, 2025, Brookfield Renewable Partners L.P. has commenced a public offering of 15,050,200 limited partnership units (LP Units) at US$29.90 per unit (approximately C$43.65 per unit), resulting in gross proceeds of US$450,000,980 (approximately C$657,001,431). Purchasers of these units will be eligible for distributions starting with the payment expected on or about December 31, 2025. Concurrently, a subsidiary of Brookfield Corporation will acquire 6,967,670 LP Units through a private placement at US$28.704 per unit (approximately C$41.91 per unit), reflecting the offering price net of underwriting commissions. At the time of the announcement, the exchange rate was approximately 1.46, making the public offering value about C$657,001,431 and the private placement approximately C$292,275,318.

The offering is conducted under an underwriting agreement dated November 11, 2025, with a syndicate led by RBC Dominion Securities Inc., Scotia Capital Inc., and TD Securities Inc., and includes major financial institutions such as BMO Nesbitt Burns Inc., CIBC World Markets Inc., National Bank Financial Inc., and others. Deutsche Bank Securities Inc. and Brookfield Securities LLC, while part of the syndicate, will only sell units outside Canada due to registration restrictions.

Legal counsel for Brookfield Renewable includes Appleby (Bermuda) Limited for Bermuda law and Torys LLP for Canadian, U.S. federal, and New York law. The underwriters are represented by Goodmans LLP for Canadian law and Milbank LLP for U.S. federal and New York law.