Brookfield Renewable Partners Lp · TSX:BEP.UN
Brookfield Renewable Partners Lp — Merger or Acquisition (October 2024)
7 slides from Brookfield Renewable Partners Lp's merger presentation, Oct 9, 2024
Slide 1: Reorganization of Brookfield Renewable Corporation ("BEPC")
Reorganization of Brookfield Renewable Corporation (“BEPC”) BROOKFIELD RENEWABLE N Y S E : B E P, B E P C T S X : B E P. U N , B E P C OCTOBER 9, 2024
Slide 2: Brookfield Renewable Corporation reorganization summary
Brookfield Renewable Corporation reorganization summary Why: Proposed amendments to the Income Tax Act (Canada) are expected to result in additional costs to Brookfield Renewable Corporation (NYSE, TSX: BEPC) if no action is taken What: The proposed reorganization (the “Arrangement”) maintains the b
Slide 3: Why: Reason for the Arrangement
Why: Reason for the Arrangement BEPC currently qualifies as a “mutual fund corporation” as defined in the Income Tax Act (Canada) The 2024 Canadian federal budget included potential changes to the tax rules impacting mutual fund corporations, which if enacted as currently proposed, would result in a
Slide 4: What: The Arrangement maintains the benefits of our current structure
What: The Arrangement maintains the benefits of our current structure Expanded Investor Base Broader Index Inclusion Tax Advantages • Option for investors who are • Improved eligibility for index • Higher after-tax yield for required, or prefer, to invest in inclusion and passive certain investors c
Slide 5: How: Overview of the Arrangement
How: Overview of the Arrangement We have created a new company “New BEPC”, which will be the investment vehicle for shareholders providing all same benefits that shareholders have today in a similar corporate structure Shareholders will receive one New BEPC share for each Current BEPC share held; th
Slide 6: BEPC has been a success and is in the best interest of shareholders
BEPC has been a success and is in the best interest of shareholders Improvements Since BEPC Launch Market capitalization of Brookfield Renewable has increased to over $20 billion Average daily trading volume has more than doubled Investor base has grown and diversified with U.S. and non-Canadian sha
Slide 7: Notice to Recipients
Notice to Recipients This presentation contains forward-looking statements and future performance and prospects of Brookfield Renewable information within the meaning of applicable securities laws. are subject to a number of known and unknown risks and The words, “will”, “intend” and “expect” or der
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