Company: BEP
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001533232-25-000006
Chunk: 578

Company: Brookfield Renewable Partners L.P.
Filing Date: 2025-02-28
Form: 20-F
Item: Item 19
Chunk 578
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 2024, Brookfield Renewable renewed its normal course issuer bid in connection with its LP units and outstanding BEPC exchangeable shares. Brookfield Renewable is authorized to repurchase up to 14,255,578 8,982,042 5 2,279,654 1,856,044 52 43 nil 441,363 no

Distributions

The composition of the distributions are presented in the following table:

  (MILLIONS)                   2024               2023           
 ─────────────────────────────────────────────────────────────────
  Brookfield Holders           $         105      $          97  
  External LP unitholders      301                286            
                               $         406      $         383  

In January 2025, distributions to unitholders were increased to $ 1.492 0.07

Distributions paid during the year ended December 31, 2024, totaled $395million (2023: $370million and 2022: $345million)

18. GOODWILL

The following table provides a reconciliation of goodwill:

  (MILLIONS)                                      Notes       Total             
 ────────────────────────────────────────────────────────────────────────────────
  Balance, as at December 31, 2022                                $      1,526  
  Acquisitions through business combinations          3         340             
  Disposal                                            4       ( 18)             
  Adjustments to purchase equation                    3       ( 54)             
  Foreign exchange and other                                    150             
  Balance, as at December 31, 2023                                       1,944  
  Adjustments to purchase equation                    3         118             
  Acquisitions through business combinations          3                  3,556  
  Disposal                                            4       ( 63)             
  Foreign exchange and other                                 ( 121)             
  Balance, as at December 31, 2024                                $      5,434  

  F - 78  

Goodwill is allocated to the following CGUs or group of CGUs:

  (MILLIONS)                             2024                 2023             
 ───────────────────────────────────────────────────────────────────────────────
  Value-in-use method                                                          
  Europe Utility-scale Solar (1)(3)         $      1,111         $         78  
  Europe Wind (1)(3)                      538                   38             
  Europe Storage (