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BROOKFIELD RENEWABLE PARTNERS ANNOUNCES US$650 MILLION EQUITY RAISE
BROOKFIELD RENEWABLE PARTNERS ANNOUNCES US$650 MILLION EQUITY RAISE Canada NewsWire ...
About this update from Brookfield Renewable Partners Lp
[{"type":"text","content":"\n\n\nBROOKFIELD RENEWABLE PARTNERS ANNOUNCES US$650 MILLION EQUITY RAISE\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\nCanada NewsWire\n\n\nAll amounts in U.S. dollars \nThe prospectus supplement, the corresponding base shelf prospectus and any amendment thereto in connection with this offering will be accessible through SEDAR+ within two business days.\nTORONTO, Nov. 10, 2025 /CNW/ - Brookfield Renewable Partners L.P. (\"Brookfield Renewable\") (NYSE: BEP) (TSX: BEP.UN) today announced an equity offering of its limited partnership units (\"LP Units\") for gross proceeds of US$450 million (the \"Offering\") on a bought deal basis by a syndicate of underwriters (the \"Underwriters\") co-led by RBC Capital Markets, Scotiabank, TD Securities, BMO Capital Markets and CIBC Capital Markets. The LP Units are offered at a price of US$29.90 per LP Unit (the \"Offering Price\").\nConcurrently, one or more subsidiaries of Brookfield Corporation (NYSE, TSX: BN) will purchase US$200 million of LP Units at the Offering Price (net of underwriting commissions) (the \"Concurrent Private Placement\").\n\"In addition to the continued growth of our wind and solar business, we continue to see accretive opportunities to invest in essential baseload power generation and grid-stabilizing technologies, including hydro, nuclear, and energy storage. Recently, we increased our stake in a leading South American hydro business, signed a 3-gigawatt hydro framework agreement with Google and entered into a transformational partnership with the U.S. Government that should accelerate deployment of Westinghouse's leading reactor technology in the U.S. and abroad. Today, we see opportunities to accelerate our investment both into baseload power and across our platform, which we expect to drive growth for our business over the long term,\" said Connor Teskey, CEO of Brookfield Renewable.\nThe aggregate gross proceeds of the Offering and the Concurrent Private Placement will be approximately US$650 million.\nBrookfield Renewable intends to ...