Company: BEP
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001533232-25-000006
Chunk: 580

Company: Brookfield Renewable Partners L.P.
Filing Date: 2025-02-28
Form: 20-F
Item: Item 19
Chunk 580
---
2,682      $           821  
  Cash subject to restriction      307                  251              
  Short-term deposits              146                  69               
                                   $         3,135      $         1,141  

22. RESTRICTED CASH

Brookfield Renewable’s restricted cash as at December 31 is as follows:

  (MILLIONS)                                         Note      2024                 2023            
 ────────────────────────────────────────────────────────────────────────────────────────────────────
  Operations                                                   $           284      $          299  
  Credit obligations                                           157                  79              
  Capital expenditures and development projects                22                   13              
  Total                                                        463                  391             
  Less: non-current                                    24      ( 177)               ( 81)           
  Current                                                      $           286      $          310  

  F - 82  

23. TRADE RECEIVABLES AND OTHER CURRENT ASSETS

Brookfield Renewable’s trade receivables and other current assets as at December 31 are as follows:

  (MILLIONS)                             2024         2023             
 ───────────────────────────────────────────────────────────────────────
  Trade receivables                         $        808 $        662  
  Collateral deposits (1)                 197          178             
  Short term deposits and advances        200           23             
  Sales tax receivable                    193           94             
  Prepaids and others                     174          127             
  Inventory                               154          111             
  Income tax receivables                   71           74             
  Current portion of contract asset        65           61             
  Other short-term receivables            262          187             
                                            $      2,124 $      1,517  

(1) Collateral deposits are related to energy derivative contracts that Brookfield Renewable enters into in order to mitigate the exposure to wholesale market electricity prices on the future sale of uncontracted generation, as part of Brookfield Renewable's risk management strategy.

As at December 31, 2024, 83 86

24. OTHER LONG-TERM ASSETS

Brookfield Renewable’s other long-term assets as at December 31 are as follows:

  (MILLIONS)                    Note      2024               2023             
 ──────────────────────────────────────────────────────────────────────────────
  Long-term receivables                      $