Company: BEP
Filing Date: 2025-04-02
Form Type: 424B3
Source: 0001193125-25-071429
Chunk: 1

Company: Brookfield Renewable Partners L.P.
Filing Date: 2025-04-02
Form: 424B3
Chunk 1
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with any such redemption, exchange or acquisition.

Each time exchangeable shares are offered hereunder, our company and the Partnership
will provide a prospectus supplement containing more specific information about the particular offering and attach it to this prospectus. The prospectus supplements may also add, update or change information contained in this prospectus.

You should carefully read this prospectus and any accompanying prospectus supplement, together with the documents our company and the
Partnership incorporate by reference, before you invest in our securities.

The exchangeable shares are traded on the New York Stock
Exchange (the “NYSE”) and the Toronto Stock Exchange (the “TSX”) under the symbol “BEPC”. The LP units are traded on the NYSE under the symbol “BEP” and the TSX under the symbol
“BEP.UN”.

An investment in our securities involves a high degree of risk. See “Risk Factors” beginning on page 3 of this prospectus.

Neither the Securities and Exchange Commission (the “SEC”) nor any state securities commission has approved or disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

This prospectus may not be used to consummate sales of securities unless it is accompanied by a prospectus supplement.

The date of this prospectus is April 2, 2025.

TABLE OF CONTENTS

| ABOUT THIS PROSPECTUS                                      |     |  ii |
| CAUTION REGARDING FORWARD-LOOKING STATEMENTS               |     | iii |
| WHERE YOU CAN FIND MORE INFORMATION                        |     | vii |
| DOCUMENTS INCORPORATED BY REFERENCE                        |     | vii |
| SUMMARY                                                    |     |   1 |
| RISK FACTORS                                               |     |   3 |
| REASON FOR THE OFFER AND USE OF PROCEEDS                   |     |   3 |
| SELLING SECURITYHOLDERS                                    |     |   4 |
| CAPITALIZATION                                             |     |   5 |
| DESCRIPTION OF EXCHANGEABLE SHARES                         |     |   6 |
| DESCRIPTION OF LIMITED PARTNERSHIP UNITS                   |     |  12 |
| PLAN OF DISTRIBUTION                                       |     |  14 |
| SERVICE OF PROCESS AND ENFORCEABILITY OF CIVIL LIABILITIES |     |  15 |
| LEGAL MATTERS                                              |     |  15 |
| EXPERTS                                                    |     |  16 |
| EXPENSES