Company: BEP
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001533232-25-000006
Chunk: 159

Company: Brookfield Renewable Partners L.P.
Filing Date: 2025-02-28
Form: 20-F
Item: Item 3
Chunk 159
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 Risks relating to our ability to finance our operations and fund growth, including completing capital recycling initiatives, compliance with debt covenants, increases in interest rates, changes in our credit ratings, and the incurrence of debt at multiple levels within our organizational structure.

Risks Relating to Our Growth Strategy

• Risks relating to our ability to identify investment opportunities and complete transactions, as planned.

• Risks relating to political instability, changes in government policy, or unfamiliar cultural factors.

• Risks relating to changes to our business, including through sustainable solutions investments.

• Risks relating to integrating new acquisitions.

• Risks relating to our ability to develop projects in our development pipeline.

• Risks relating to our relationship with local communities and partners.

• Risks relating to our transactions and joint ventures, partnerships, consortium arrangements or structured arrangements.

• Risks relating to acquiring distressed companies.

• Risks relating to our investments in securities, including of other public companies.

• Risks relating to our organizational structure and our ability to control our investments.

• Risks relating to fraud, bribery, corruption, other illegal acts and restrictions on foreign direct investment.

Risks Relating to Our Relationship with Brookfield

• Risks relating to our dependence on Brookfield and the Service Provider.

• Risks relating to our inability to have access to all renewable power acquisitions that Brookfield identifies.

• Risks relating to the departure of some or all of Brookfield’s professionals.

• Risks relating to the lack of any fiduciary obligations imposed on Brookfield to act in the best interests of the Service Recipients, Brookfield Renewable or our Unitholders.

• Risks relating to conflicts of interest inherent to our organizational and ownership structure.

• Risks relating to our inability to terminate the BEP Master Services Agreement.

• Risks relating to the limited liability of the Service Provider to BEP and the other Service Recipients.

• Risks relating to Brookfield’s relationship with Walled-Off Businesses (including Oaktree).

• Risks relating to Brookfield’s ownership position in BEP.

Risks Relating to Our Units

• Risks relating to our ability to continue paying comparable or growing cash distributions.

• Risks of dilution caused by the issuance of additional securities, including Units, Preferred Units or securities exchangeable into LP units.

• Risks relating to the market price and volatility of our Units or securities exchangeable into LP units.

• Risks relating to our Unitholders’ inability to vote on BEP matters or to take