Company: BEP
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001533232-25-000006
Chunk: 546

Company: Brookfield Renewable Partners L.P.
Filing Date: 2025-02-28
Form: 20-F
Item: Item 19
Chunk 546
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 ( 83)                                                  ( 3,656)                 ( 3,767)             
  Deferred income tax liabilities                                                                   ( 13)                         ( 1)                                                     ( 423)                   ( 437)             
  Provisions (2)                                                                                    —                             —                                                        ( 156)                   ( 156)             
  Other long-term liabilities                                                                       ( 1)                          —                                                        ( 499)                   ( 500)             
  Fair value of net assets acquired                                                                 118                           18                                                                   2,915                    3,051  
  Non-controlling interests                                                                         ( 7)                          ( 3)                                                   ( 3,005)                 ( 3,015)             
  Goodwill                                                                                          21                            4                                                                    3,531                    3,556  
  Total fair value of net assets acquired including goodwill, net of non-controlling interests      $                             $                                                             $      3,441             $      3,592  

(1) The purchase price allocation is preliminary as at December 31, 2024. Brookfield Renewable is currently assessing the fair value of net assets acquired and Goodwill for the purchase price allocation and expects to finalize the balances in 2025 within the one year measurement period.

(2) Includes both short-term and long-term balances.

  F - 32  

The following investments were accounted for using the equity method as Brookfield Renewable has significant influence through its position in the business, and the results of operations have been included in the audited annual consolidated financial statements since the date of investment.

U. K. Wind Portfolio

In December 2024, Brookfield Renewable, together with its institutional partners, partnered with a global leader in offshore wind, to acquire a 12 3.5 1.7 2.2 444 565 110 138 3

China Wind Portfolio

In November 2024, Brookfield Renewable, together with its institutional partners, invested $ 53 11 49 600

U. K. Distributed Generation Portfolio

In November 2024, Brookfield Renewable, together with its institutional partners, alongside a third party, acquired 100 200 450 126 160 25 32 67 13

U. S. eFuels Portfolio

In December 2024, Brookfield Renewable, together with its institutional partners, completed the acquisition of a 67 500 45 9

Completed in 2023

The following investments were accounted for