Brookfield Renewable Announces Results of Conversion Privilege of Series 3 Preference Shares
17 Juli 2024 - 11:15PM
Brookfield Renewable Partners L.P. (
TSX: BEP.UN; NYSE:
BEP) (“
Brookfield Renewable”) today
announced that after having taken into account all election notices
received by the July 16, 2024 deadline for conversion of Brookfield
Renewable Power Preferred Equity Inc.’s (“
BRP
Equity”) currently outstanding Class A Preference Shares,
Series 3 (the “
Series 3 Shares”) (
TSX:
BRF.PR.C) into Class A Preference Shares, Series 4 (the
“
Series 4 Shares”), no Series 3 Shares will be
converted into Series 4 Shares.
Based on the number of Series 3 Shares tendered
for conversion, BRP Equity determined that there would be fewer
than the 1,000,000 Series 4 Shares outstanding on July 31, 2024
required to give effect to the conversion.
Brookfield Renewable
Brookfield Renewable operates one of the world’s
largest publicly traded platforms for renewable power and
sustainable solutions. Our renewable power portfolio consists of
hydroelectric, wind, utility-scale solar and storage facilities in
North America, South America, Europe and Asia. Our operating
capacity totals almost 34,000 megawatts and our development
pipeline stands at approximately 157,000 megawatts. Our portfolio
of sustainable solutions assets includes our investments in
Westinghouse (a leading global nuclear services business) and a
utility and independent power producer with operations in the
Caribbean and Latin America, as well as both operating assets and a
development pipeline of carbon capture and storage capacity,
agricultural renewable natural gas and materials recycling.
Investors can access the portfolio either
through Brookfield Renewable Partners L.P. (NYSE: BEP; TSX:
BEP.UN), a Bermuda-based limited partnership, or Brookfield
Renewable Corporation (NYSE, TSX: BEPC), a Canadian corporation.
Further information is available at https://bep.brookfield.com.
Important information may be disseminated exclusively via the
website; investors should consult the site to access this
information.
Brookfield Renewable is the flagship listed
renewable power and transition company of Brookfield Asset
Management, a leading global alternative asset manager with over
$925 billion of assets under management.
Please note that Brookfield Renewable’s previous
audited annual and unaudited quarterly reports filed with the U.S.
Securities and Exchange Commission (“SEC”) and
securities regulators in Canada, are available on our website at
https://bep.brookfield.com, on SEC’s website at www.sec.gov and on
SEDAR+’s website at www.sedarplus.ca. Hard copies of the annual and
quarterly reports can be obtained free of charge upon request.
Contact information: |
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Media: |
Investors: |
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Simon MaineManaging Director – Communications+44 (0)7398
909 278simon.maine@brookfield.com |
Alex JacksonVice President – Investor Relations(416)
649-8196alexander.jackson@brookfield.com |
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