Brookfield Renewable Partners Lp · TSX:BEP.UN
Brookfield Renewable Partners Lp — Shareholder Meeting (June 2024)
18 slides from Brookfield Renewable Partners Lp's shareholder meeting presentation, Jun 24, 2024
Slide 1: 2024 Annual Meeting of Shareholders
2024 Annual Meeting of Shareholders BROOKFIELD RENEWABLE CORPORATION JUNE 24, 2024
Slide 2: Business of the Meeting
Business of the Meeting 01 Receiving the Consolidated Financial Statements 02 Election of Directors 03 Appointment of External Auditors JEFFREY BLIDNER CHAIR OF THE BOARD 2
Slide 3: Nominees for Election
Nominees for Election JEFFREY SCOTT SARAH BLIDNER CUTLER DEASLEY 3
Slide 4: Nominees for Election
Nominees for Election ELEAZAR RANDY NANCY DE CARVALHO FILHO MACEWEN DORN 4
Slide 5: Nominees for Election
Nominees for Election STEPHEN PATRICIA LOU WESTWELL ZUCCOTTI MAROUN 5
Slide 6: Business of the Meeting
Business of the Meeting 01 Receiving the Consolidated Financial Statements 02 Election of Directors 03 Appointment of External Auditors JEFFREY BLIDNER CHAIR OF THE BOARD 6
Slide 7: Brookfield Shareholder Presentation Overview
Brookfield Shareholder Presentation 01 Overview 02 Accomplishments & Performance 03 Strategy 04 Outlook CONNOR TESKEY CHIEF EXECUTIVE OFFICER WYATT HARTLEY CHIEF FINANCIAL OFFICER 7
Slide 8: Brookfield Renewable achieved several key milestones in 2023
Brookfield Renewable achieved several key milestones in 2023 Generated record Advanced Commissioned Maintained our FFO of $1,100 commercial priorities, ~5,000 MW of new robust BBB+ million or $1.67 per including securing capacity and investment grade unit, building on our contracts to deliver progre
Slide 9: Our portfolio continues to grow and diversify
Our portfolio continues to grow and diversify Agreed to acquire a leading fully Acquired OnPath (formerly Banks Acquired the 50% stake not integrated global renewables Renewables) a leading fully already owned in X-Elio, our business with with 8 GW of integrated renewables platform in leading global
Slide 10: Sector tailwinds continue to strengthen
Sector tailwinds continue to strengthen Net-zero aligned Electricity demand Renewable power Energy security and legislation and growth from is the lowest-cost independence are a corporate targets digitalization and energy solution growing necessity data center build- out 10
Slide 11: Demand growth led by global technology firms to support digitalization
Most notably with demand growth being led by the global technology firms to support digitalization Global Data Center Power Demand AI is driving a step-change in data consumption Computing power and energy are on the critical path for data 15x Data center power demand expected to grow from ~2% of gl
Slide 12: We are uniquely positioned to excel in this environment
We are uniquely positioned to excel in this environment >$100 Billion ~33 GW Total Power Assets Operating Capacity North Europe America $62B $16B 4,800 ~160 GW Operating Employees Development Capacity Global and diversified scale and reach Asia Pacific Leadership in all major technologies $6B Leadin
Slide 13: Multiple levers to deliver 10%+ FFO per-unit growth
And have multiple levers to deliver 10%+ FFO per-unit growth 10%+ FFO Per Unit Growth Annually 2–3% 2–4% 3–5% M&A Inflation Margin Development Activities Escalation Enhancement Pipeline 2023 2028 FFO Per Unit (funds from operations) is a non-IFRS measure. Please refer to “Cautionary Statement Regard
Slide 14: Brookfield Renewable's Investor Day will take place September 24, 2024
Brookfield Renewable’s Investor Day will take place September 24, 2024 14
Slide 15: Q&A
Brookfield Q&A
Slide 16: Thank You
Brookfield Thank You
Slide 17: Notice to Recipients
Notice to Recipients Brookfield Renewable Partners L.P. (“BEP”) and its controlled entities, including Brookfield Factors that could cause actual results to differ materially from those contemplated or implied by influence over Brookfield Renewable; Brookfield’s election not to source acquisition op
Slide 18: Cautionary Statement Regarding the Use of Non-IFRS Accounting Measures
Cautionary Statement Regarding the Use of Non-IFRS Accounting Measures This presentation contains references to Funds From Operations (“FFO”) and FFO per unit, which are not generally accepted accounting measures under IFRS and therefore may differ from definitions of FFO and FFO per unit used by ot
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