Company: BEP
Filing Date: 2025-11-12
Form Type: 424B5
Source: 0001193125-25-275856
Chunk: 1

Company: Brookfield Renewable Partners L.P.
Filing Date: 2025-11-12
Form: 424B5
Chunk 1
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 Exchange (the “ NYSE”). Investing in the LP Units involves risks. See “ Risk Factors” on page S-3of this Prospectus Supplement, on page 2 of the accompanying prospectus dated March 15, 2024 (the “Prospectus”), the risk factors included in the Annual Report and Q3 2025 Interim Report (each as defined below) and in other documents incorporated by reference in this Prospectus Supplement. Neither the Securities and Exchange Commission (the “SEC”) nor any state securities commission has approved or disapproved of these securities or determined if this Prospectus Supplement or the accompanying Prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

|             |     | Price to Public |             |     | Underwriters’ 
 Fee(1)        |            |     | Net Proceeds to    
 the Partnership(2) |             |
| Per LP Unit |     | US$             |       29.90 |     | US$           |      1.196 |     | US$                |      28.704 |
| Total(3)    |     | US$             | 450,000,980 |     | US$           | 18,000,039 |     | US$                | 432,000,941 |

| (1) | The Underwriters’ fee is equal to 4.00% of the gross proceeds of this Offering. See “Underwriting 
 (Conflicts of Interest)”.                                                                         |

| (2) | Before deduction of the Partnership’s expenses of this Offering, estimated at US$1,262,000, which, 
 together with the Underwriters’ fee, will be paid from the proceeds of this Offering.              |

| (3) | The Partnership has granted to the Underwriters the right (the “Over-Allotment Option”),                                                                                                                                                                
 exercisable until the date which is 30 days following the closing of this Offering, to purchase from the Partnership on the same terms up to 2,257,530 LP Units, being a number equal to approximately (but not to exceed) 15% of the number of initial 
 Offered LP Units sold in this Offering. If the Over-Allotment Option is exercised in full, the total price to the public will be US$517,501,127, the Underwriters’ fee will be US$20,700,045 and the net proceeds to the Partnership from this          
 Offering (before expenses) will be