Company: BEP
Filing Date: 2025-11-12
Form Type: 424B5
Source: 0001193125-25-275856
Chunk: 13

Company: Brookfield Renewable Partners L.P.
Filing Date: 2025-11-12
Form: 424B5
Chunk 13
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 be used for the purposes described herein under “Use of Proceeds” are uncertain and would be in        
 combination with other adjustments that cannot presently be calculated. In addition, the “as adjusted” column above has not been adjusted to give effect to the consummation of any pending and announced dispositions or acquisitions, and 
 assumes no exchanges of Exchangeable Shares or Class A.2 Shares after September 30, 2025.                                                                                                                                                   |

| (2) | Excludes any indebtedness incurred or repaid by the Partnership since September 30, 2025. |

| (3) | Medium term and hybrid notes are unsecured and guaranteed by Brookfield Renewable and exclude $23 million 
 of deferred financing fees, net of unamortized premiums.                                                  |

| (4) | Non-recourse borrowings exclude $182 million of deferred financing fees and $190 million of 
 unamortized premiums.                                                                       |

| (5) | Includes current and non-current. |

| (6) | Unitholders’ equity includes limited partners’ equity, REUs (as defined below) of BRELP,   
 Exchangeable Shares, Class A.2 Shares and the general partner interest in the Partnership. |

| (7) | If the Over-Allotment Option is exercised in full, the as adjusted amount for unitholders’ equity would 
 be $7,998 million.                                                                                      |

S-5

DESCRIPTION OF PARTNERSHIP STRUCTURE

As of November 7, 2025, there were 283,904,210 LP Units outstanding and 657,996,942 LP Units on a fully-exchanged basis (which term, as used
in this Prospectus Supplement, assumes the exchange of all redemption-exchange limited partnership units of BRELP (“REUs”), Exchangeable Shares and Class A.2 Shares into LP Units), 7,000,000 Class A Preferred Limited
Partnership Units, Series 7 outstanding, 10,000,000 Class A Preferred Limited Partnership Units, Series 13 outstanding, 8,000,000 Class A Preferred Limited Partnership Units, Series 17 outstanding and 6,000,000 Class A Preferred
Limited Partnership Units, Series 18 outstanding. The REUs are subject to a redemption-exchange mechanism pursuant to which LP Units may be issued in exchange for REUs on a one for one basis.

After giving effect to this Offering and the Concurrent Private Placement, there will be 305,922,080 LP Units outstanding