Company: BEP
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001533232-25-000006
Chunk: 566

Company: Brookfield Renewable Partners L.P.
Filing Date: 2025-02-28
Form: 20-F
Item: Item 19
Chunk 566
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 in fair value                                    —                     ( 29)        ( 109)                  —                ( 138)              
  As at December 31, 2024                                 $                         $             $       3,264      $                     $       6,557  
  Total property, plant and equipment, at fair value                                                                                                      
  As at December 31, 2023 (5)(6)                          $                         $             $      14,009      $                     $      64,005  
  As at December 31, 2024 (5)(6)                          $                         $             $      18,455      $                     $      73,475  

(1) Includes biomass, cogeneration, and battery storage.

(2) Includes adjustments to purchase price allocations. Refer to Note 3 - Acquisitions for more details.

(3) Includes fair value changes to decommissioning assets of$ 98

(4) Relates to disposal of significant assets. See Note 4 - Disposal of assets for additional details.

(5) Includes right-of-use assets not subject to revaluation of $ 49 60 427 284 637 385 3 nil

(6) Includes land not subject to revaluation of $ 204 222 61(2023: $ 20 167 92 2 1

  F - 62  

During the year ended December 31, 2024, Brookfield Renewable, together with its institutional partners, completed the acquisitions of the following investments. They are accounted for as asset acquisitions as they do not constitute business combinations under IFRS 3:

  Region           Technology                        Capacity      Amount recognized in Property, Plant and Equipment      Brookfield Renewable  
                                                                                                                              Economic Interest  
  US               Distributed energy & storage      226 MW        $ 146 million                                                             20  
  US               Distributed energy & storage      159 MW        $ 96 million                                                              25  
  US               Utility-scale solar               123 MW        $ 93 million                                                              20  
  China            Wind                              149 MW        CNY 1.3 billion                                                           20  
                                                                   ($ 185 million)                                                               
  South Korea      Utility-scale solar               98 MW         KRW 69 billion                                                  Expected 14%  
                                                                   ($ 50 million)                                                                
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The fair value of Brookfield Renewable’s property,