Recent Updates — BEPI

Brookfield Renewable Partners L.P. has adjourned its special meeting of unitholders regarding the proposed corporate structure simplification, moving the date from an earlier time to October 29, 2026. The company states that votes received to date show overwhelming support for the transaction, with over 99.7% of cast votes in favor. The adjournment aims to provide additional time for unitholders to participate and help achieve the required voting threshold of two-thirds (66⅔%) of outstanding units needed to proceed. If approved, the simplification would combine Brookfield Renewable Partners L.P. and Brookfield Renewable Corporation into a single publicly traded corporation, Brookfield Renewable Partners Inc., expected to complete in the fourth quarter of 2026 subject to court and regulatory approvals. The record date for determining eligible voters remains August 21, 2026. Brookfield Renewable operates one of the world’s largest publicly traded platforms for renewable power and sustainable solutions.

Brookfield Renewable Partners L.P. filed a Form 6-K attaching proxy materials for a special meeting on October 14, 2026, to approve a corporate simplification transaction. The proposed plan of arrangement involves exchanging Brookfield Renewable Partners L.P. units and Brookfield Renewable Corporation shares for Class A subordinate voting shares of a new publicly traded Canadian corporation, Brookfield Renewable Partners Inc. This structural change aims to consolidate trading liquidity under a single listed security on the TSX and NYSE under the symbol 'BEP', while eliminating partnership tax reporting complexities for investors. The transaction requires approval from unitholders and shareholders, followed by court and regulatory approvals, with completion anticipated in the fourth quarter of 2026. Brookfield Renewable Partners L.P. operates in the renewable energy sector, owning and operating a portfolio of renewable power generating facilities.

Brookfield Renewable Partners ULC issued two series of unsecured medium-term notes under its base indenture. The Ninth Supplemental Indenture establishes C$400 million of 4.949% Notes, Series 21, maturing August 13, 2036, with semi-annual interest payments commencing February 13, 2027. The Tenth Supplemental Indenture authorizes an unspecified aggregate principal amount for 4.256% Notes, Series 22, due July 13, 2031, also bearing semi-annual interest. Both issuances are governed by standard change of control and indebtedness covenants. Brookfield Renewable Partners L.P. operates in the renewable energy sector, owning and operating a portfolio of renewable power generating facilities.

Brookfield Renewable Partners L.P. announced the issuance of C$750 million in medium-term green bonds on August 20, 2026. The offering comprises C$400 million of Series 21 Notes due August 13, 2036, bearing interest at 4.949% per annum, and C$350 million of Series 22 Notes due August 13, 2031, with a 4.256% annual interest rate. Brookfield Renewable Partners ULC is the issuer, fully guaranteed by Brookfield Renewable. The transaction received BBB+ ratings from S&P Global Ratings and Fitch, and BBB (high) with a stable trend from DBRS Limited. Net proceeds will fund Eligible Investments under the company's Green Financing Framework, including repaying related indebtedness. Closing is expected around August 24, 2026. Brookfield Renewable operates one of the world’s largest publicly traded platforms for renewable power and sustainable solutions.