Company: BEP
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001533232-25-000006
Chunk: 262

Company: Brookfield Renewable Partners L.P.
Filing Date: 2025-02-28
Form: 20-F
Item: Item 4
Chunk 262
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 (18% net to Brookfield Renewable) equity interest in IVI Energia, a distributed generation platform in Brazil with approximately 800 MW of operating and development assets.

Asia-Pacific Business

India

Brookfield Renewable entered the Indian market in 2017. Our Indian portfolio consists of approximately 3,800 MW of operating capacity, comprised of 1,300 MW of utility-scale wind, 2,200 MW of utility-scale solar and 300 MW of distributed generation solar assets. Our development pipeline in the country is currently approximately 35,000 MW. Our Indian portfolio includes our recent investment in Leap Green, a leading platform in the space with more than 500 MW of operating wind assets and approximately 3,500 MW of development pipeline, as well as our investment in CleanMax, with approximately 1,700 MW of operating utility-scale wind, utility-scale solar and distributed generation solar assets and approximately 4,200 MW of development pipeline. Also included in our portfolio is Evren, a joint venture with a leading Indian renewable energy company, with over 12,000 MW of development pipeline and Avaada, a leading renewable platform with additional investments in renewable development projects, and solar panel and green ammonia production facilities. In November 2024, together with institutional partners, we agreed to sell a 1,600 MW portfolio of operating and under construction wind and solar assets in India. See also Item 4. A “ History and Development of the Company - Recent Developments”. We believe India represents a growth opportunity for Brookfield Renewable as it is a sizeable market with ambitious energy targets and significant potential for clean energy development.

China

Brookfield Renewable entered the Chinese market in 2017. Our operating portfolio consists of approximately 3,130 MW of generation capacity and includes 2,000 MW of wind, 130 MW of utility-scale solar and 1,000 MW of distributed generation solar. In January 2025, we completed the termination of our commercial and industrial rooftop solar joint venture with GLP Pte. Ltd. As a result, Brookfield Renewable, together with institutional partners, now controls a portfolio of approximately 540 MW of distributed generation assets. We believe that the

size of the market in China coupled with ambitious targets for the expansion of renewable energy represents a significant growth opportunity for Brookfield Renewable.

South Korea

Brookfield Renewable entered the South Korean market in 2024 with our recent investment in Hanmaeum Energy, a full-service platform with 340 MW of operating and near