Company: BEP
Filing Date: 2025-04-02
Form Type: 424B3
Source: 0001193125-25-071429
Chunk: 9

Company: Brookfield Renewable Partners L.P.
Filing Date: 2025-04-02
Form: 424B3
Chunk 9
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 • |     | changes in the amount of cash we can distribute to our shareholders; |

| • |     | the inability of our shareholders to take part in the management of BEPC; |

| • |     | limitations on holdings of our shares due to Federal Power Act and U.S. Federal Energy Regulatory Commission 
 regulations;                                                                                                 |

| • |     | changes in tax law and practice; |

| • |     | limits on our shareholders’ ability to obtain favourable judicial forum for disputes related to BEPC or to 
 enforce judgements against us;                                                                             |

| • |     | foreign currency risk associated with BEPC distributions; |

| • |     | our group is not subject to the same disclosure requirements as a U.S. domestic issuer; |

| • |     | being deemed an “investment company” under the Investment Company Act of 1940, as amended; |

| • |     | the effectiveness of our group’s internal controls over financial reporting; |

| • |     | the redemption of the exchangeable shares by us at any time or upon notice from the holder of the class B shares 
 of our company (the “BEPC class B shares”); and                                                                  |

| • |     | other factors described in the BEPC Annual Report and the BEP Annual Report (each as defined herein in                                                                              
 “Documents Incorporated by Reference”), including, but not limited to, those set forth under Item 3.D “Risk Factors”, Item 4.B “Business Overview” and Item 5.A “Operating Results” 
 as well as in other documents incorporated by reference in this prospectus and any prospectus supplement.                                                                           |

We caution that the foregoing list of important factors that may affect future results is not exhaustive. When relying on our group’s forward-looking statements and information to make decisions with respect to an investment in our securities, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. In light of these risks, uncertainties and assumptions, the events described by our group’s forward-looking statements and information might not occur. These risks could cause our group’s actual results and our group’s plans and strategies to vary from our group’s forward-looking statements and information. We qualify any and all of our group’s forward-looking statements and information by these cautionary factors. Our group disclaims any obligation to update or revise publicly any forward-looking statements or information, whether written or oral, as a result of new information, future events or otherwise, except as required by applicable law. vi

Each exchange