Company: BEP
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001533232-25-000006
Chunk: 574

Company: Brookfield Renewable Partners L.P.
Filing Date: 2025-02-28
Form: 20-F
Item: Item 19
Chunk 574
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 in earnings and distributions on a per unit basis equivalent to the per unit participation of the LP units of Brookfield Renewable.

As at December 31, 2024, Redeemable/Exchangeable partnership units, BEPC exchangeable shares and class A.2 exchangeable shares on a combined basis and units of GP interest outstanding were 194,487,939 194,487,939 179,640,851 179,651,526 3,977,260 3,977,260

In December 2024, Brookfield Renewable renewed its normal course issuer bid in connection with its LP units and outstanding BEPC exchangeable shares. Brookfield Renewable is authorized to repurchase up to 14,255,578 8,982,042 5 2,279,654 1,856,044 52 43

  F - 74  

The composition of the distributions are presented in the following table:

  (MILLIONS)                                                                                                                2024      2023      2022  
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  General partnership interest in a holding subsidiary held by Brookfield                                                      $         $         $  
  Incentive distribution                                                                                                     128       111        94  
                                                                                                                             134       116       100  
  Participating non-controlling interests – in a holding subsidiary – Redeemable/Exchangeable units held by Brookfield       277       265       250  
  BEPC exchangeable shares and class A.2 exchangeable shares held by                                                                                  
  Brookfield Holders                                                                                                          64        61        58  
  External shareholders                                                                                                      192       180       162  
  Total BEPC exchangeable shares and class A.2 exchangeable shares                                                           256       241       220  
                                                                                                                               $         $         $  

The following table summarizes certain financial information regarding General partnership interest in a holding subsidiary held by Brookfield, Participating non-controlling interests - in a holding subsidiary - Redeemable/Exchangeable units held by Brookfield and Class A exchangeable shares and Class A.2 exchangeable shares of Brookfield Renewable Corporation held by public shareholders and Brookfield Holders:

  (MILLIONS)                                                                                                                  2024                   2023                    2022             
  For the year ended December 31:                                                                                                                                                             
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