Brookfield Renewable to Issue C$500 Million of Green Bonds

Core Viewpoint - Brookfield Renewable has announced the issuance of C$500 million in Series 20 Notes, which will mature on January 15, 2056, with an interest rate of 5.204% per annum [1][2]. Group 1: Issuance Details - The Notes will be issued by Brookfield Renewable Partners ULC, a subsidiary of Brookfield Renewable, and will be fully guaranteed by Brookfield Renewable and its key holding subsidiaries [2]. - The issuance is based on a base shelf prospectus dated September 26, 2025, and is expected to close around January 15, 2026, subject to customary closing conditions [2]. Group 2: Use of Proceeds - The net proceeds from the sale of the Notes will be used to fund Eligible Investments as defined in Brookfield Renewable's 2024 Green Financing Framework, including repayment of related indebtedness [3]. Group 3: Ratings and Underwriters - The Notes have received ratings of BBB+ from S&P Global Ratings, BBB (high) with a stable trend from DBRS Limited, and BBB+ from Fitch Ratings [4]. - The offering is being managed by a syndicate of agents led by TD Securities, CIBC Capital Markets, National Bank Capital Markets, BMO Capital Markets, RBC Capital Markets, and Scotiabank, among others [4]. Group 4: Company Overview - Brookfield Renewable operates one of the largest publicly traded platforms for renewable power and sustainable solutions, with a diverse portfolio including hydroelectric, wind, utility-scale solar, and storage facilities [6]. - The company is part of Brookfield Asset Management, which manages over $1 trillion in assets [7].