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Brookfield Renewable Announces Intention to Redeem Its Series 7 Preferred Units
BROOKFIELD, News, Jan. 02, 2026 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners L.P. (TSX: BEP.UN; NYSE: BEP) today announced that it intends to redeem all of its outstanding Class A Preferred Limited Partnership Units, Series 7 (the “Series 7 Preferred Units”) (TSX: BEP.PR.G) for cash on January 31, 2026. The redemption price for each Series 7 Preferred Unit will be C$25.00 for an aggregate cost of C$175 million, funded from available liquidity. Holders of Series 7 Preferred Units of record a
About this update from Brookfield Renewable Corporation
[{"type":"image","alt":"Brookfield Renewable Partners L.P.","displaySize":"","headline":null,"caption":"Brookfield Renewable Partners L.P.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":55,"url":"https://media.zenfs.com/en/globenewswire.com/f7f93dde2fd3565d83f409b823931293"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/2xK3421dZ7xQPB.e9iR0iQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTc3O2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/f7f93dde2fd3565d83f409b823931293","width":300,"height":55}},"lazy":false},{"type":"text","content":"BROOKFIELD, News, Jan. 02, 2026 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners L.P. (TSX: BEP.UN; NYSE: BEP) today announced that it intends to redeem all of its outstanding Class A Preferred Limited Partnership Units, Series 7 (the “Series 7 Preferred Units”) (TSX: BEP.PR.G) for cash on January 31, 2026. The redemption price for each Series 7 Preferred Unit will be C$25.00 for an aggregate cost of C$175 million, funded from available liquidity. Holders of Series 7 Preferred Units of record as of January 15, 2026 will receive the previously declared final quarterly distribution of C$0.34375 per Series 7 Preferred Unit.","length":629,"tagName":"p"},{"type":"text","content":"Brookfield Renewable","length":20,"tagName":"p"},{"type":"text","content":"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, distributed solar, and storage facilities, and our sustainable solutions assets include our investment in a leading global nuclear services business and investments in carbon capture and storage capacity, agricultural renewable natural gas, materials recycling and eFuels manufacturing capacity, among others.","length":523,"tagName":"p"},{"type":"text","content":"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.","length":290,"tagName":"p"},{"type":"text","content":"Brookfield Renewable is the flagship listed renewable power and transition company of Brookfield Asset Management, a leading gl...