Brookfield Renewable to Increase Stake in a Strategic Portfolio of Hydro Assets

Core Viewpoint - Brookfield Renewable is set to invest up to $1 billion to increase its equity interest in Isagen S.A. E.S.P. to approximately 38% [1][9] Investment Details - The investment will enhance Brookfield Renewable's ownership in Isagen, which generates stable cash flows from a large fleet of hydro assets, contributing to the reliability of Colombia's power grid [2][3] - The transaction is expected to be immediately accretive to Brookfield Renewable's funds from operations (FFO) per unit, with an anticipated increase of approximately 2% to 2026 FFO per unit due to strong cash flow visibility, as around 70% of the platform's generation is contracted for an average of eight years [4] Co-Investor Participation - Qatar Investment Authority (QIA) will also participate in this transaction by investing approximately $500 million, increasing its equity interest in Isagen to about 15% [5][9] Company Overview - Brookfield Renewable operates one of the largest publicly traded platforms for renewable power, with a diverse portfolio that includes hydroelectric, wind, utility-scale solar, and storage facilities, as well as investments in carbon capture and storage, agricultural renewable natural gas, and materials recycling [6][7]