Document:

EX-10.8

 Exhibit 10.8  

 BROOKFIELD ASSET MANAGEMENT INC. 

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BRP ENERGY GROUP L.P. 
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 BROOKFIELD RENEWABLE ENERGY GROUP LLC 

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BROOKFIELD RENEWABLE ENERGY GROUP (BERMUDA) LIMITED 

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BROOKFIELD RENEWABLE ENERGY PARTNERS L.P. 

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BROOKFIELD RENEWABLE ENERGY L.P. 

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BROOKFIELD BRP HOLDINGS (CANADA) INC. 

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BRP BERMUDA HOLDINGS I LIMITED 
  

 

	
	
	 RELATIONSHIP AGREEMENT

 

 November 28, 2011 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	 ARTICLE 1
	  			
	 INTERPRETATION 
	  	 	2	 
	 1.1
	 	Definitions	  	 	2	 
	 1.2
	 	Headings and Table of Contents	  	 	4	 
	 1.3
	 	Interpretation	  	 	4	 
	 1.4
	 	Invalidity of Provisions	  	 	5	 
	 1.5
	 	Entire Agreement	  	 	5	 
	 1.6
	 	Waiver, Amendment	  	 	6	 
	 1.7
	 	Governing Law	  	 	6	 
		
	 ARTICLE 2
	  			
	 RELATIONSHIP
	  	 	6	 
	 2.1
	 	Primary Vehicle	  	 	6	 
	 2.2
	 	No Exclusivity and Limitations on Acquisition Opportunities	  	 	6	 
	 2.3
	 	BREP Group Acknowledgements	  	 	8	 
	 2.4
	 	Reporting	  	 	8	 
		
	 ARTICLE 3
	  			
	 REPRESENTATIONS AND WARRANTIES
	  	 	8	 
	 3.1
	 	Representations and Warranties of Brookfield and the Managers	  	 	8	 
	 3.2
	 	Representations and Warranties of the Holding Entities	  	 	9	 
	 3.3
	 	Representations and Warranties of BREP	  	 	10	 
	 3.4
	 	Representations and Warranties of BRELP	  	 	10	 
		
	 ARTICLE 4
	  			
	 TERMINATION 
	  	 	11	 
	 4.1
	 	Term	  	 	11	 
	 4.2
	 	Termination	  	 	11	 
		
	 ARTICLE 5
	  			
	 RESOLUTION OF DISPUTES AND ARBITRATION
	  	 	11	 
	 5.1
	 	Dispute	  	 	11	 
	 5.2
	 	Arbitration	  	 	12	 
	 5.3
	 	Confidentiality	  	 	12	 
	 5.4
	 	Continued Performance	  	 	12	 

  
 [BREP RELATIONSHIP AGR]

 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
	 ARTICLE 6
	  			
	 GENERAL PROVISIONS 
	  	 	13	 
	 6.1
	 	Assignment	  	 	13	 
	 6.2
	 	Confidentiality and Disclosure of Material Changes	  	 	13	 
	 6.3
	 	Enurement	  	 	13	 
	 6.4
	 	Notices	  	 	13	 
	 6.5
	 	Further Assurances	  	 	16	 
	 6.6
	 	Counterparts	  	 	16	 
	 6.7
	 	Other Holding Entities	  	 	16	 

 RELATIONSHIP AGREEMENT 

THIS AGREEMENT made as of the 28th day of November, 2011 

B E T W E E N: 

BROOKFIELD ASSET MANAGEMENT INC. (“Brookfield”), a corporation existing under the laws of the Province
of Ontario 
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BRP ENERGY GROUP L.P., (the “Canadian Manager”), a limited partnership existing under the laws of the
Province of Manitoba 
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BROOKFIELD RENEWABLE ENERGY GROUP LLC, (the “US Manager”), a limited liability company existing under
the laws of the State of Delaware 
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 BROOKFIELD RENEWABLE ENERGY GROUP (BERMUDA) LIMITED, (the “International Manager”), a corporation
existing under the laws of Bermuda 
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 BROOKFIELD RENEWABLE ENERGY PARTNERS L.P., (“BREP”), an exempted limited partnership existing
under the laws of Bermuda 
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BROOKFIELD RENEWABLE ENERGY L.P., (“BRELP”), an exempted limited partnership existing under the laws of
Bermuda 
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BROOKFIELD BRP HOLDINGS (CANADA) INC., (“CanHoldco”), a corporation existing under the laws of the
Province of Ontario 
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BRP BERMUDA HOLDINGS I LIMITED, (“Bermuda Holdco”), a corporation existing under the laws of Bermuda

  

	RECITALS:	 

WHEREAS, members of the BREP Group (as defined below) directly or indirectly hold interests in renewable power
generating operations or developments, primarily consisting of hydro-electric and wind, and will acquire from time to time interests in renewable power generating operations or developments; 

[BREP RELATIONSHIP AGR] 
  

 AND WHEREAS, BREP, BRELP, the Holding Entities (as defined below),
the Managers (as defined below) and Brookfield wish to enter into this Agreement to govern certain aspects of the relationship between them and other members of the BREP Group and the Brookfield Group (as defined below). 

NOW THEREFORE in consideration of the premises, mutual covenants and agreements contained in this Agreement and other
good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged), the parties covenant and agree, each with the others, as follows: 

ARTICLE 1 

INTERPRETATION 
  

	1.1	 Definitions 

In this Agreement, except where the context otherwise requires, the following terms will have the following meanings: 

1.1.1 “Act” has the meaning ascribed thereto in Section 5.2.1; 

1.1.2 “Affiliate” means, with respect to a Person, any other Person that, directly or indirectly, through one
or more intermediaries, Controls or is Controlled by such Person, or is under common Control of a third Person; 
 1.1.3
“Agreement” means this Relationship Agreement; 
 1.1.4 “Arbitration” has the meaning
ascribed thereto in Section 5.2.1; 
 1.1.5 “Arbitrator” has the meaning ascribed thereto in
Section 5.2.3; 
 1.1.6 “BRELP” has the meaning ascribed thereto in the preamble; 

1.1.7 “BREP” has the meaning ascribed thereto in the preamble; 

1.1.8 “BREP Group” means BREP, BRELP, the Holding Entities, the Operating Entities and any other direct or
indirect Subsidiary of a Holding Entity; 
 1.1.9 “BREP Power Operations” means the Power Operations
directly or indirectly held or acquired by members of the BREP Group from time to time; 
 1.1.10 “Bermuda
Holdco” has the meaning ascribed thereto in the preamble; 
 1.1.11 “Brookfield” has the meaning
ascribed thereto in the preamble; 
 1.1.12 “Brookfield Fund” has the meaning ascribed thereto in
Section 2.2.2; 
 1.1.13 “Brookfield Group” means Brookfield and any Affiliates of the foregoing, other
than any member of the BREP Group; 

  
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 1.1.14 “Business Day” means every day except a Saturday or
Sunday, or a day which is a statutory or civic holiday in Bermuda, the Province of Ontario, or the State of New York; 

1.1.15 “CanHoldco” has the meaning ascribed thereto in the preamble; 

1.1.16 “Canadian Manager” has the meaning ascribed thereto in the preamble; 

1.1.17 “Confidential Information” has the meaning ascribed thereto in Section 6.2; 

1.1.18 “Control” means the control by one Person of another Person in accordance with the following: a Person
(“A”) controls another Person (“B”) where A has the power to determine the management and policies of B by contract or status (for example the status of A being the general partner of B) or by virtue of the
beneficial ownership of or control over a majority of the voting interests in B; and, for certainty and without limitation, if A owns or has control over shares or other securities to which are attached more than 50% of the votes permitted to be
cast in the election of directors to the Governing Body of B or A is the general partner of B, a limited partnership, then in each case A Controls B for this purpose, and the term “Controlled” has the corresponding meaning; 

1.1.19 “Dispute” has the meaning ascribed thereto in Section 5.1; 

1.1.20 “Energy General Partner” means 2288508 Ontario Inc., which is the general partner of the Energy GP LP;

 1.1.21 “Energy GP LP” means BREP Holding L.P., which is the general partner of BRELP; 

1.1.22 “Governing Body” means (i) with respect to a corporation or limited company, the board of
directors of such corporation or limited company, (ii) with respect to a limited liability company, the manager(s) or managing partner(s) of such limited liability company, (iii) with respect to a partnership, the board, committee or other
body of each general partner or managing partner of such partnership, respectively, that serves a similar function (or if any such general partner is itself a partnership, the board, committee or other body of such general or managing partner’s
general or managing partner that serves a similar function) and (iv) with respect to any other Person, the body of such Person that serves a similar function, and in the case of each of (i) through (iv) includes any committee or other
subdivision of such body and any Person to whom such body has delegated any power or authority, including any officer and managing director; 

1.1.23 “Holding Entities” means Bermuda Holdco, CanHoldco and any direct wholly-owned Subsidiary of BRELP
created or acquired on or after the date of this Agreement, excluding, for greater certainty, any Operating Entities; 

1.1.24 “International Manager” has the meaning ascribed thereto in the preamble; 

1.1.25 “Managers” means the Canadian Manager, the US Manager and the International Manager; 

  
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 1.1.26 “Managing General Partner” means 2288509 Ontario
Inc., which is BREP’s general partner; 
 1.1.27 “Master Services Agreement” means the master services
agreement among the Managers, BRELP, BREP, the Holding Entities and others; 
 1.1.28 “Operating Entities”
means, from time to time, the Persons that (i) directly hold the BREP Power Operations, or (ii) indirectly hold the BREP Power Operations but all of the interests of which are not held by the Service Recipients including, in the case of
each of (i) and (ii), any joint ventures, partnerships and consortium arrangements; 
 1.1.29 “Person”
means any natural person, partnership, limited partnership, limited liability partnership, joint venture, syndicate, sole proprietorship, company or corporation (with or without share capital), limited liability corporation, unlimited liability
company, joint stock company, unincorporated association, trust, trustee, executor, administrator or other legal personal representative, regulatory body or agency, government or governmental agency, authority or entity however designated or
constituted and pronouns have a similarly extended meaning; 
 1.1.30 “Power Operations” means renewable
power generating operations or developments, primarily consisting of hydro-electric and wind; 
 1.1.31 “Service
Recipient” means BREP, BRELP, the Holding Entities and any Person in which any of the foregoing or any combination of the foregoing holds all of the common equity or equivalent interests excluding any Operating Entities; 

1.1.32 “Subsidiary” means, with respect to any Person, (i) any other Person that is directly or
indirectly Controlled by such Person, (ii) any trust in which such Person holds all of the beneficial interests or (iii) any partnership, limited liability company or similar entity in which such Person holds all of the interests other
than the interests of any general partner, managing member or similar Person; 
 1.1.33 “Term” has the
meaning ascribed thereto in Section 4.1; and 
 1.1.34 “US Manager” has the meaning ascribed thereto in
the preamble. 
  

	1.2	 Headings and Table of Contents 

The inclusion of headings and a table of contents in this Agreement are for convenience of reference only and will not affect
the construction or interpretation hereof. 
  

	1.3	 Interpretation 

In this Agreement, unless the context otherwise requires: 

1.3.1 words importing the singular shall include the plural and vice versa, words importing gender shall include all genders or
the neuter, and words importing the neuter shall include all genders; 

  
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 1.3.2 the words “include”, “includes”,
“including”, or any variations thereof, when following any general term or statement, are not to be construed as limiting the general term or statement to the specific items or matters set forth or to similar items or matters, but rather
as referring to all other items or matters that could reasonably fall within the broadest possible scope of the general term or statement; 

1.3.3 references to any Person include such Person’s successors and permitted assigns; 

1.3.4 except as otherwise provided in this Agreement, any reference in this Agreement to a statute, regulation, policy, rule or
instrument shall include, and shall be deemed to be a reference also to, all rules and regulations made under such statute, in the case of a statute, all amendments made to such statute, regulation, policy, rule or instrument and to any statute,
regulation, policy, rule or instrument that may be passed which has the effect of supplementing or superseding the statute, regulation, policy, rule or instrument so referred to; 

1.3.5 any reference to this Agreement or any other agreement, document or instrument shall be construed as a reference to this
Agreement or, as the case may be, such other agreement, document or instrument as the same may have been, or may from time to time be, amended, varied, replaced, amended and restated, supplemented or otherwise modified; 

1.3.6 in the event that any day on which any amount is to be determined or any action is required to be taken hereunder is not
a Business Day, then such amount shall be determined or such action shall be required to be taken at or before the requisite time on the next succeeding day that is a Business Day; and 

1.3.7 except where otherwise expressly provided, all amounts in this Agreement are stated and shall be paid in U.S. currency.

  

	1.4	 Invalidity of Provisions 

Each of the provisions contained in this Agreement is distinct and severable and a declaration of invalidity or
unenforceability of any such provision or part thereof by a court of competent jurisdiction will not affect the validity or enforceability of any other provision hereof. To the extent permitted by applicable law, the parties waive any provision of
law which renders any provision of this Agreement invalid or unenforceable in any respect. The parties will engage in good faith negotiations to replace any provision which is declared invalid or unenforceable with a valid and enforceable provision,
the economic effect of which comes as close as possible to that of the invalid or unenforceable provision which it replaces. 
  

	1.5	 Entire Agreement 

This Agreement constitutes the entire agreement between the parties pertaining to the subject matter of this Agreement. There
are no warranties, conditions, or representations (including any that may be implied by statute) and there are no agreements in connection with such subject matter except as specifically set forth or referred to in this Agreement. No reliance is
placed on any warranty, representation, opinion, advice or assertion of fact made either prior to, contemporaneous with, or after entering into this Agreement, or any amendment or 

  
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supplement hereto, by any party to this Agreement or its directors, officers, employees or agents, to any other party to this Agreement or its directors, officers, employees or agents, except to
the extent that the same has been reduced to writing and included as a term of this Agreement, and none of the parties to this Agreement has been induced to enter into this Agreement or any amendment or supplement hereto, by reason of any such
warranty, representation, opinion, advice or assertion of fact. Accordingly, there will be no liability, either in tort or in contract, assessed in relation to any such warranty, representation, opinion, advice or assertion of fact, except to the
extent contemplated above. 
  

	1.6	 Waiver, Amendment 

Except as expressly provided in this Agreement, no amendment or waiver of this Agreement will be binding unless executed in
writing by the party to be bound thereby. No waiver of any provision of this Agreement will constitute a waiver of any other provision nor will any waiver of any provision of this Agreement constitute a continuing waiver unless otherwise expressly
provided. A party’s failure or delay in exercising any right under this Agreement will not operate as a waiver of that right. A single or partial exercise of any right will not preclude a party from any other or further exercise of that right
or the exercise of any other right. 
  

	1.7	 Governing Law 

This Agreement will be governed by and interpreted and enforced in accordance with the laws of the Province of Ontario and the
federal laws of Canada applicable therein. Each party irrevocably attorns and submits to the non-exclusive jurisdiction of the Ontario courts situated in the City of Toronto and waives objection to the venue
of any proceeding in such court or any argument that such court provides an inconvenient forum. 
 ARTICLE 2 

RELATIONSHIP 
  

	2.1	 Primary Vehicle 

Subject to the other terms in this Article 2, each of Brookfield and the Managers agrees that, during the Term, the BREP
Group will serve as the primary vehicle through which the Brookfield Group will acquire Power Operations on a global basis. 
  

	2.2	 No Exclusivity and Limitations on Acquisition Opportunities 

Each of BREP, BRELP and the Holding Entities acknowledges and agrees that: 

2.2.1 nothing in this Agreement shall require the Brookfield Group or any member of the Brookfield Group to allocate any
minimum level of dedicated resources for the pursuit of Power Operation acquisition opportunities other than as may be contemplated in the Master Services Agreement or as otherwise agreed by a member of the Brookfield Group and a member of the BREP
Group. Members of the Brookfield Group have established or advise, and may continue to establish or advise, other entities that rely on the diligence, 

  
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skill and business contacts of the Brookfield Group’s professionals and the information and acquisition opportunities they generate during the normal course of their activities; 

2.2.2 while the Brookfield Group may offer the acquisition opportunities contained in this Section 2.2.2 to the BREP
Group, nothing in this Agreement shall require the Brookfield Group or any member of the Brookfield Group to offer the BREP Group or any member of the BREP Group the opportunity to acquire: 

2.2.2.1 an integrated utility even if a significant component of such utility’s operations consist of renewable power
generation; 
 2.2.2.2 a non-renewable power generating operation or development,
such as a power generating operation that uses coal or natural gas; 
 2.2.2.3 a portfolio of Power Operations, if a
significant component of such portfolio’s operations consist of non-renewable power generation; or 

2.2.2.4 Power Operations that comprise part of a broader enterprise, unless the primary purpose of such acquisition, as
determined by Brookfield acting in good faith, is to acquire the underlying Power Operations; 
 2.2.3 the members of the
Brookfield Group carry on a diverse range of businesses worldwide, including the development, ownership and/or management of power, transmission and other infrastructure assets, and investing and advising on investing in any of the foregoing or
loans, debt instruments and other securities with underlying infrastructure collateral or exposure including Power Operations, both as principal and through other public companies that are Affiliates of Brookfield or through private investment
vehicles and accounts established or managed by Affiliates of Brookfield (each a, “Brookfield Fund”). Except as explicitly provided herein, nothing in this Agreement shall in any way limit or restrict members of the Brookfield Group
from carrying on their respective business and in particular: 
 2.2.3.1 nothing shall limit or restrict the ability of the
Brookfield Group from making any investment recommendation or taking any other action in connection with its public securities businesses; 

2.2.3.2 nothing herein shall limit or restrict any member of the Brookfield Group from investing in any loans or debt
securities outside of its public securities businesses or from taking any action in connection with any loan or debt security notwithstanding that the underlying collateral is comprised of or includes a Power Operation provided that the original
purpose of the investment was not to acquire a controlling interest in a Power Operation; and 
 2.2.3.3 Brookfield has
established and manages a number of Brookfield Funds whose investment objectives include the acquisition of Power Operations and may in the future establish similar funds. Nothing herein shall limit or restrict Brookfield from establishing or
advising a Brookfield Fund or carrying out any investment, provided that for any investment carried out by a Brookfield Fund 

  
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that involves the acquisition of a Power Operation the BREP Group will be offered the opportunity to take up Brookfield’s share of such acquisition; 

2.2.4 in the event that the BREP Group declines any Power Operation acquisition opportunity that Brookfield has made available,
the Brookfield Group may pursue such acquisition for its own account, without restriction; and 
 2.2.5 nothing in this
Agreement will restrict the Brookfield Group in connection with its lending, securities management, investment banking services, restructuring businesses or its construction businesses (where such construction is not undertaken with a view to owning
the facilities upon completion of the project), including the acquisition or sale of any assets relating to such activities. 
  

	2.3	 BREP Group Acknowledgements 

Each of the BREP, BRELP and the Holding Entities acknowledges and agrees that Power Operation acquisition opportunities that
are offered to the BREP Group pursuant to this Agreement may be carried out through joint ventures, partnerships, investment funds or consortium arrangements in which the BREP Group will not be the sole participant. In addition to third party
participants, one or more Brookfield Group members may also participate in such opportunities if (i) the BREP Group does not have the financial capacity, as determined in good faith by Brookfield, in consultation with the BREP Group, to acquire
all of the opportunity, or (ii) Brookfield, taking into consideration the purpose of the investment, return characteristics, risk profile, source of the investment opportunity and other such considerations, allocates participation in the
investment opportunity available for Brookfield between the BREP Group and one or more other members of the Brookfield Group. Any such allocation or joint participation with one or more member of the Brookfield Group will be made in good faith and
after consulting with the BREP Group. 
  

	2.4	 Reporting 

Subject to confidentiality obligations, Brookfield shall cause the Managers to provide a report to the BREP Group on a
quarterly basis of all Power Operations acquired by the Brookfield Group that occurred during the quarter that were not offered to the BREP Group, including details of why such acquisition opportunities were not offered to the BREP Group. 

ARTICLE 3 

REPRESENTATIONS AND WARRANTIES 
  

	3.1	 Representations and Warranties of Brookfield and the Managers 

Each of Brookfield and each of the Managers hereby represents and warrants to each of BREP, BRELP and the Holding Entities
that: 

  
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 3.1.1 it is validly organized and existing under the relevant laws governing
its formation and existence; 
 3.1.2 it has the power, capacity and authority to enter into this Agreement and to perform
its duties and obligations hereunder; 
 3.1.3 it has taken all necessary action to authorize the execution, delivery and
performance of this Agreement; 
 3.1.4 the execution and delivery of this Agreement by it and the performance by it of its
obligations hereunder do not and will not contravene, breach or result in any default under its articles, by-laws, constituent documents or other organizational documents; 

3.1.5 no authorization, consent or approval, or filing with or notice to any Person is required in connection with the
execution, delivery or performance by it of this Agreement; and 
 3.1.6 this Agreement constitutes a valid and legally
binding obligation of it enforceable against it in accordance with its terms, subject to: (i) applicable bankruptcy, insolvency, moratorium, fraudulent conveyance, reorganization and other laws of general application limiting the enforcement of
creditors’ rights and remedies generally; and (ii) general principles of equity, including standards of materiality, good faith, fair dealing and reasonableness, equitable defenses and limits as to the availability of equitable remedies,
whether such principles are considered in a proceeding at law or in equity. 
  

	3.2	 Representations and Warranties of the Holding Entities 

Each of the Holding Entities hereby represents and warrants to each of Brookfield and each of the Managers that: 

3.2.1 it is validly organized and existing under the relevant laws governing its formation and existence; 

3.2.2 it has the power, capacity and authority to enter into this Agreement and to perform its duties and obligations
hereunder; 
 3.2.3 it has taken all necessary action to authorize the execution, delivery and performance of this Agreement;

 3.2.4 the execution and delivery of this Agreement by it and the performance by it of its obligations hereunder do not and
will not contravene, breach or result in any default under its articles, by-laws, constituent documents or other organizational documents; 

3.2.5 no authorization, consent or approval, or filing with or notice to any Person is required in connection with the
execution, delivery or performance by it of this Agreement; and 

  
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 3.2.6 this Agreement constitutes a valid and legally binding obligation of
it enforceable against it in accordance with its terms, subject to: (i) applicable bankruptcy, insolvency, moratorium, fraudulent conveyance, reorganization and other laws of general application limiting the enforcement of creditors’
rights and remedies generally; and (ii) general principles of equity, including standards of materiality, good faith, fair dealing and reasonableness, equitable defenses and limits as to the availability of equitable remedies, whether such
principles are considered in a proceeding at law or in equity. 
  

	3.3	 Representations and Warranties of BREP 

The Managing General Partner, in its capacity as the general partner of BREP hereby represents and warrants to Brookfield that:

 3.3.1 each of BREP and the Managing General Partner is validly organized and existing under the relevant laws governing
its formation and existence; 
 3.3.2 the Managing General Partner has the power, capacity and authority to enter into this
Agreement and to perform its duties and obligations hereunder on behalf of BREP; 
 3.3.3 the Managing General Partner has
taken all necessary action to authorize the execution, delivery and performance of this Agreement on behalf of BREP; 
 3.3.4
the execution and delivery of this Agreement by the Managing General Partner on behalf of BREP and the performance by BREP of its obligations hereunder do not and will not contravene, breach or result in any default under the organizational
documents of the Managing General Partner or BREP, as applicable; 
 3.3.5 no authorization, consent or approval, or filing
with or notice to any Person is required in connection with the execution, delivery or performance by the Managing General Partner on behalf of BREP of this Agreement; and 

3.3.6 this Agreement constitutes a valid and legally binding obligation of BREP enforceable against it in accordance with its
terms, subject to: (i) applicable bankruptcy, insolvency, moratorium, fraudulent conveyance, reorganization and other laws of general application limiting the enforcement of creditors’ rights and remedies generally; and (ii) general
principles of equity, including standards of materiality, good faith, fair dealing and reasonableness, equitable defenses and limits as to the availability of equitable remedies, whether such principles are considered in a proceeding at law or in
equity. 
  

	3.4	 Representations and Warranties of BRELP 

The Energy General Partner, in its capacity as the general partner of Energy GP LP, the general partner of BRELP hereby
represents and warrants to Brookfield that: 
 3.4.1 each of the Energy General Partner and BRELP is validly organized and
existing under the relevant laws governing its formation and existence; 

  
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 3.4.2 the Energy General Partner has the power, capacity and authority to
enter into this Agreement and to perform its duties and obligations hereunder on behalf of BRELP; 
 3.4.3 the Energy General
Partner has taken all necessary action to authorize the execution, delivery and performance of this Agreement on behalf of BRELP; 

3.4.4 the execution and delivery of this Agreement by the Energy General Partner on behalf of BRELP and the performance by
BRELP of its obligations hereunder do not and will not contravene, breach or result in any default under the organizational documents of the Energy General Partner, Energy GP LP or BRELP, as applicable; 

3.4.5 no authorization, consent or approval, or filing with or notice to any Person is required in connection with the
execution, delivery or performance by the Energy General Partner on behalf of BRELP of this Agreement; and 
 3.4.6 this
Agreement constitutes a valid and legally binding obligation of BRELP enforceable against it in accordance with its terms, subject to: (i) applicable bankruptcy, insolvency, moratorium, fraudulent conveyance, reorganization and other laws of
general application limiting the enforcement of creditors’ rights and remedies generally; and (ii) general principles of equity, including standards of materiality, good faith, fair dealing and reasonableness, equitable defenses and limits
as to the availability of equitable remedies, whether such principles are considered in a proceeding at law or in equity. 

ARTICLE 4 

TERMINATION 
  

	4.1	 Term 

The term of this Agreement (the “Term”) will begin on the date hereof and will continue in full force and
effect until terminated in accordance with Section 4.2. 
  

	4.2	 Termination 

The rights and obligations of the parties to this Agreement will terminate and no longer be of any effect concurrently with the
termination of the Master Services Agreement in accordance with the terms of the Master Services Agreement. 
 ARTICLE 5 

RESOLUTION OF DISPUTES AND ARBITRATION 
  

	5.1	 Dispute 

Any dispute or disagreement of any kind or nature between the parties arising out of or in connection with this Agreement (a
“Dispute”) shall be resolved in accordance with this Article 5, to the extent permitted by applicable law. 

  
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	5.2	 Arbitration 

5.2.1 Any Dispute shall be submitted to arbitration (the “Arbitration”) by one Arbitrator pursuant to the
procedure set forth in this Section 5.2 and pursuant to the arbitration rules set forth in the Arbitration Act, 1991 (Ontario) (the “Act”). If the provisions of this Section 5.2 are inconsistent with the provisions
of the Act and to the extent of such inconsistency, the provisions of this Section 5.2 shall prevail in any Arbitration. 

5.2.2 Any party may make a demand for Arbitration by sending a notice in writing to any other party, setting forth the nature
of the Dispute, the amount involved and the name of the Arbitrator it proposes to be appointed. The demand for Arbitration shall be made no later than thirty (30) days after the event giving rise to the Dispute. 

5.2.3 Within thirty (30) days after any demand for Arbitration under Section 5.2.2, the parties shall have agreed on
the designation of the Arbitrator or should the parties fail to do so, the Arbitrator may be appointed by a judge of the Ontario Superior Court of Justice upon motion of any party (in either case, the “Arbitrator”). 

5.2.4 The Arbitration hearings shall be held in a location in Ontario specified in the demand for Arbitration and shall
commence no later than thirty (30) days after the determination of the Arbitrator under Section 5.2.3. The decision of the Arbitrator shall be made not later than sixty (60) days after its appointment. The decision of the Arbitrator,
shall be final without appeal and binding on the parties. 
 5.2.5 Each party involved in the Dispute shall bear the costs
and expenses of all lawyers, consultants, advisors, witnesses and employees retained by it in any Arbitration. The expenses of the Arbitrator shall be paid equally by the parties unless the Arbitrator otherwise provides in its award. 

 

	5.3	 Confidentiality 

All information disclosed by any party in relation to the resolution of Disputes pursuant to the terms hereof shall be subject
to the provisions of Section 6.2 hereof and shall not be used for any purpose other than the resolution of a Dispute pursuant to the terms hereof. 
  

	5.4	 Continued Performance 

During the conduct of Dispute resolution procedures pursuant to this Article 5, the parties shall continue to perform
their respective obligations under this Agreement and no party shall exercise any other remedies to resolve a Dispute. 

  
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 ARTICLE 6 

GENERAL PROVISIONS 
  

	6.1	 Assignment 

6.1.1 None of the rights or obligations hereunder shall be assignable or transferable by any party without the prior written
consent of the other parties. 
 6.1.2 Any purported assignment of this Agreement in violation of this Section 6.1 shall
be null and void. 
  

	6.2	 Confidentiality and Disclosure of Material Changes 

Each of the parties hereby agrees that it will not at any time use, disclose or make available to any party, and will take
reasonable steps to prevent such disclosure and restrain further disclosure by any other party, and will take reasonable steps to prevent such disclosure and restrain further disclosure by any other party, any information disclosed pursuant to this
Agreement (the “Confidential Information”), except: 
 6.2.1 such use as may be expressly permitted in or
necessary or advisable for the performance of this Agreement; 
 6.2.2 such disclosure as may be required in order to comply
with any applicable law, including disclosure obligations of the BREP Group or the Brookfield Group; 
 6.2.3 such
information as comes into the public domain independently where the person disclosing the same is not under an obligation of confidentiality to Brookfield; and 

6.2.4 such information as can be demonstrated by the party desiring to disclose such information, to have come into its
possession independently of anything done under this Agreement. 
  

	6.3	 Enurement 

This Agreement will enure to the benefit of and be binding upon the parties hereto and their respective successors and
permitted assigns. 
  

	6.4	 Notices 

Any notice or other communication required or permitted to be given hereunder will be in writing and will be given by prepaid
first-class mail, by facsimile or other means of electronic communication or by hand-delivery as hereinafter provided. Any such notice or other communication, if mailed by prepaid first-class mail at any time other than during a general
discontinuance of postal service due to strike, lockout or otherwise, will be deemed to have been received on the fourth Business Day after the post-marked date thereof, or if sent by facsimile or other means of electronic communication, will
be deemed to have been received on the Business Day following the sending, or if delivered by hand will be deemed to have been received at the 

  
 - 13 - 

 
time it is delivered to the applicable address noted below either to the individual designated below or to an individual at such address having apparent authority to accept deliveries on behalf
of the addressee. Notice of change of address will also be governed by this section. In the event of a general discontinuance of postal service due to strike, lock-out or otherwise, notices or other
communications will be delivered by hand or sent by facsimile or other means of electronic communication and will be deemed to have been received in accordance with this section. Notices and other communications will be addressed as follows: 

 

	 	6.4.1	 if to BREP : 

2288509 Ontario Inc. 

c/o Appleby Corporate Services 

Canon’s Court 

22 Victoria Street 

PO Box HM 1179 

Hamilton HM 12 

Bermuda 

Attention:
                   Secretary 

Telecopier number:    
441-298-3433 
  

	 	6.4.2	 if to BRELP : 

BREP Holding L.P. 

c/o Appleby Corporate Services 

Canon’s Court 

22 Victoria Street 

PO Box HM 1179 

Hamilton HM 12 

Bermuda 

Attention:                   
Secretary 
 Telecopier number:    
441-298-3304 
  

	 	6.4.3	 if to CanHoldco: 

Brookfield BRP Holdings (Canada) Inc. 

1700-180 Kent Street 

Ottawa, Ontario 

K1P 0B6 

Attention:
                   Secretary 

Telecopier number:    
819-561-7188 
  

	 	6.4.4	 if to Bermuda Holdco: 

BRP Bermuda Holdings I Limited 

c/o Appleby Corporate Services 

  
 - 14 - 

 
Canon’s Court 
 22 Victoria Street 

PO Box HM 1179 

Hamilton HM EX 

Bermuda 

Attention:                   
Secretary 
 Telecopier number:    
441-298-3304 
  

	 	6.4.5	 if to Brookfield: 

Brookfield Asset Management Inc. 

Suite 300, Brookfield Place 

181 Bay Street, Box 762, 

Toronto, Ontario 

M5J 2T3 

Attention:                   
General Counsel 
 Telecopier number:
    416-365-9642 
  

	 	6.4.6	 if to the Canadian Manager: 

BRP Energy Group L.P. 

Suite 300, Brookfield Place 

181 Bay Street, Box 762 

Toronto, Ontario 

M5J 2T3 

Attention:                   
Chief Executive Officer 
 Telecopier number:     416-363-2856 
  

	 	6.4.7	 if to the International Manager: 

Brookfield Renewable Energy Group (Bermuda) Limited 

Cedar Court, 2nd Floor 

Wildey Business Park 

St. Michael, Barbados 

Attention:
                   Secretary 

Telecopier number:    
246-436-6967 
  

	 	6.4.8	 if to the US Manager: 

Brookfield Renewable Energy Group LLC 

Three World Financial Center 

200 Vesey Street, 11th Floor 

New York, New York 

10281-1021 

  
 - 15 - 

 Attention:
                   President 

Telecopier number:
    212-417-7196 
 or to such other
addresses or facsimile numbers as a party may from time to time notify the other in accordance with this Section 6.4. 
  

	6.5	 Further Assurances 

Each of the parties hereto will promptly do, make, execute or deliver, or cause to be done, made, executed or delivered, all
such further acts, documents and things as the other parties hereto may reasonably require from time to time for the purpose of giving effect to this Agreement and will use reasonable efforts and take all such steps as may be reasonably within its
power to implement to their full extent the provisions of this Agreement. 
  

	6.6	 Counterparts 

This Agreement may be signed in counterparts and each of such counterparts will constitute an original document and such
counterparts, taken together, will constitute one and the same instrument. 
  

	6.7	 Other Holding Entities 

The parties acknowledge that any Holding Entity that is not a party to this Agreement will execute a counterpart of this
Agreement agreeing to be bound by the terms of this Agreement. 
 [NEXT PAGE IS SIGNATURE PAGE] 

  
 - 16 - 

 IN WITNESS WHEREOF the parties have executed this Agreement as of the
day and year first above written. 
  

			
	 BROOKFIELD ASSET MANAGEMENT INC.

		
	 By:
	 	 /s/ Joseph Freedman

		 	 Name: Joseph Freedman

		 	 Title: Senior Managing Partner

	
	 BRP ENERGY GROUP L.P., by its general partner, BROOKFIELD RENEWABLE ENERGY GROUP G.P.
INC.

		
	 By:
	 	 /s/ Patricia Bood

		 	 Name: Patricia Bood

		 	 Title: Authorized Signatory

	
	 BROOKFIELD RENEWABLE ENERGY GROUP LLC

		
	 By:
	 	 /s/ David A. Bono

		 	 Name: David A. Bono

		 	 Title: Vice President of Law and General Counsel, U.S. Operations

	
	 BROOKFIELD RENEWABLE ENERGY GROUP (BERMUDA) LIMITED

		
	 By:
	 	 /s/ Jane Sheere

		 	 Name: Jane Sheere

		 	 Title: Secretary

 [BREP RELATIONSHIP AGR] 

 
			
	 BROOKFIELD RENEWABLE ENERGY PARTNERS L.P. by its general partner, 2288509 ONTARIO
INC.

		
	 By:
	 	 /s/ Jane Sheere

		 	 Name: Jane Sheere

		 	 Title: Authorized Signatory

	
	 BROOKFIELD RENEWABLE ENERGY L.P. by its general partner, BREP HOLDING L.P. by its general
partner, 2288508 ONTARIO INC.

		
	 By:
	 	 /s/ Jane Sheere

		 	 Name: Jane Sheere

		 	 Title: Authorized Signatory

	
	 BROOKFIELD BRP HOLDINGS (CANADA) INC.

		
	 By:
	 	 /s/ Patricia Bood

		 	 Name: Patricia Bood

		 	 Title: Authorized Signatory

	
	 BRP BERMUDA HOLDINGS I LIMITED

		
	 By:
	 	 /s/ Jane Sheere

		 	 Name: Jane Sheere

		 	 Title: Secretary

 [BREP RELATIONSHIP AGR] 

 COUNTERPART AGREEMENT 

The undersigned hereby agrees, from and after the date hereof, to be bound as a party to the relationship agreement dated
November 28, 2011 by and among Brookfield Asset Management Inc., BRP Energy Group L.P., Brookfield Renewable Energy Group LLC, Brookfield Renewable Energy Group (Bermuda) Limited, Brookfield Renewable Energy Partners L.P., Brookfield Renewable
Energy L.P., Brookfield BRP Holdings (Canada) Inc. and BRP Bermuda Holdings I Limited, as from time to time amended and in effect (the “Relationship Agreement”), and further agrees to, and does hereby, assume the obligations of a
Holding Entity under the Relationship Agreement. The undersigned acknowledges and confirms that it has received a copy of the Relationship Agreement. 

[Remainder of page intentionally left blank] 

 Dated as of the 21st
day of May, 2014. 
  

			
	 BROOKFIELD BRP EUROPE HOLDINGS

	 (BERMUDA) LIMITED

		
	 by:
	 	 /s/ Jane Sheere

	 Name: Jane Sheere

	 Title: Secretary

		
	 by:
	 	 /s/ Gregory E.A. Morrison

	 Name: Gregory E.A. Morrison

	 Title: President

 [COUNTERPART AGREEMENT TO RELATIONSHIP AGREEMENT] 

 AMENDING AGREEMENT 

THIS AMENDING AGREEMENT is made as of the 26th day of February, 2015 (this
“Amending Agreement”) 
 AMONG: 

BROOKFIELD ASSET MANAGEMENT INC., a corporation existing under the laws of the Province of Ontario 

(“BAM”) 

-and- 

BRP ENERGY GROUP L.P., a limited partnership existing under the laws of Manitoba 

(the “Canadian Service Provider”) 

-and- 

BROOKFIELD ASSET MANAGEMENT PRIVATE INSTITUTIONAL CAPITAL ADVISER (CANADA), L.P., a limited partnership existing under
the laws of the Province of Manitoba 
 (the “Canadian Service Provider II”) 

-and- 

BROOKFIELD RENEWABLE ENERGY GROUP (BERMUDA) LIMITED, an exempted company existing under the laws of Bermuda 

(the “International Service Provider”) 

-and- 

BROOKFIELD GLOBAL RENEWABLE ENERGY ADVISOR LIMITED, a company existing under the laws of England 

(the “UK Service Provider”) 

-and- 

BROOKFIELD RENEWABLE ENERGY PARTNERS L.P., a limited partnership existing under the laws of Bermuda 

(“BREP”) 

 -and- 

BROOKFIELD RENEWABLE ENERGY L.P., a limited partnership existing under the laws of Bermuda 

(“BRELP”) 

-and- 

BROOKFIELD BRP HOLDINGS (CANADA) INC., a corporation existing under the laws of the Province of Ontario 

(“CanHoldco”) 

-and- 

BRP BERMUDA HOLDINGS I LIMITED, an exempted company existing under the laws of Bermuda 

(“Bermuda Holdco”) 

-and- 

BROOKFIELD BRP EUROPE HOLDINGS (BERMUDA) LIMITED, an exempted company existing under the laws of Bermuda 

(“Europe Holdco”) 

-and- 

BROOKFIELD RENEWABLE INVESTMENTS LIMITED, an exempted company existing under the laws of Bermuda 

(“Investco”) 

WHEREAS BAM, the Canadian Service Provider, the International Service Provider, BREP, BRELP, CanHoldco and Bermuda Holdco (together,
the “Original Parties”), together with Brookfield Renewable Energy Group LLC (the “US Service Provider”), entered into a relationship agreement dated November 28, 2011 (the “Relationship
Agreement”); 
 AND WHEREAS the Canadian Service Provider II, the UK Service Provider, Europe Holdco and Investco (together
with the Original Parties, the “Parties”) have each executed a counterpart agreement, agreeing to be a party to the Relationship Agreement; 

AND WHEREAS the Parties wish to amend the Relationship Agreement to reflect the removal of the US Service Provider as a party thereto
effective as of the date hereof; 
 AND WHEREAS the US Service Provider has executed an acknowledgement dated the date hereof
acknowledging that it will no longer be a party to the Relationship Agreement; 

 NOW THEREFORE for good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged by the Parties hereto, the Parties hereto hereby agree as follows: 
  

	1.1	 Removal of the US Service Provider. The Parties hereby agree to amend the terms of the Relationship
Agreement by: 

  

	 	1.1.1	 removing the US Service Provider as a party thereto; and 

 

	 	1.1.2	 deleting Sections 1.1.34 and 6.4.8 in their entirety. 

 

	1.2	 Effectiveness. This Amending Agreement shall be effective as of the date hereof.

  

	1.3	 Ratification. Except as amended hereby, the Relationship Agreement and all of its terms, conditions
and obligations are ratified and confirmed. 

  

	1.4	 Enurement. This Amending Agreement and all of the provisions of this Amending Agreement shall be
binding upon and enure to the benefit of the Parties and their respective successors and permitted assigns. 

  

	1.5	 Headings. The inclusion of headings in this Amending Agreement are for convenience of reference only
and shall not affect the construction or interpretation hereof. 

  

	1.6	 Governing Law. This Amending Agreement will be governed by and construed in accordance with the laws
of the Province of Ontario and the laws of Canada applicable therein. 

  

	1.7	 Counterparts. This Amending Agreement may be signed in counterparts and each of such counterparts
will constitute an original document and such counterparts, taken together, will constitute one and the same instrument. 

[SIGNATURE PAGE FOLLOWS] 

 IN WITNESS WHEREOF, the Parties hereto have caused this Amending Agreement to be
executed as of the date first above written. 
  

			
	BROOKFIELD ASSET MANAGEMENT INC.
		
	By:	 	 /s/ Dinaz Dadyburjor

		 	 Name: Dinaz Dadyburjor
 Title:
  Managing Partner

  

			
	BRP ENERGY GROUP L.P., by its general partner, BROOKFIELD RENEWABLE ENERGY GROUP G.P. INC.
		
	By:	 	 /s/ Jennifer Mazin

		 	 Name: Jennifer Mazin
 Title:  
Authorized Signatory

  

			
	BROOKFIELD ASSET MANAGEMENT PRIVATE INSTITUTIONAL CAPITAL ADVISER (CANADA), L.P., by its general partner, BROOKFIELD PRIVATE FUNDS HOLDINGS INC.
		
	By:	 	 /s/ Dinaz Dadyburjor

		 	 Name: Dinaz Dadyburjor
 Title:  
Director

  

			
	BROOKFIELD RENEWABLE ENERGY GROUP (BERMUDA) LIMITED
		
	By:	 	 /s/ Jane Sheere

		 	 Name: Jane Sheere
 Title:  
Secretary

 [Amendment to Relationship Agreement] 

 
			
	BROOKFIELD GLOBAL RENWABLE ENERGY ADVISOR LIMITED
		
	By:	 	 /s/ Ralf Rank

		 	 Name: Ralf Rank
 Title:
  Director

  

			
	BROOKFIELD RENEWABLE ENERGY PARTNERS L.P., by its general partner, BROOKFIELD RENEWABLE PARTNERS LIMITED
		
	By:	 	 /s/ Jane Sheere

		 	 Name: Jane Sheere
 Title:
  Secretary

  

			
	BROOKFIELD RENEWABLE ENERGY L.P., by its general partner, BREP HOLDINGS L.P., by its general partner, BRP BERMUDA GP LIMITED
		
	By:	 	 /s/ Jane Sheere

		 	 Name: Jane Sheere
 Title:
  Secretary

  

			
	BROOKFIELD BRP HOLDINGS (CANADA) INC.
		
	By:	 	 /s/ Jennifer Mazin

		 	 Name: Jennifer Mazin
 Title:
  Authorized Signatory

 [Amendment to Relationship Agreement] 

 
			
	BRP BERMUDA HOLDINGS I LIMITED
		
	By:	 	 /s/ Jane Sheere

		 	 Name: Jane Sheere
 Title:
  Secretary

	
	BROOKFIELD BRP EUROPE HOLDINGS (BERMUDA) LIMITED
		
	By:	 	 /s/ Jane Sheere

		 	 Name: Jane Sheere
 Title:  
Secretary

	
	BROOKFIELD RENEWABLE INVESTMENTS LIMITED
		
	By:	 	 /s/ Jane Sheere

		 	 Name: Jane Sheere
 Title:
  Secretary

 [Amendment to Relationship Agreement] 

 COUNTERPART AGREEMENT 

The undersigned hereby agrees, from and after the date hereof, to be bound as a party to the relationship agreement dated
November 28, 2011 by and among Brookfield Asset Management Inc., BRP Energy Group L.P., Brookfield Renewable Energy Group LLC, Brookfield Renewable Energy Group (Bermuda) Limited, Brookfield Renewable Energy Partners L.P., Brookfield Renewable
Energy L.P., Brookfield BRP Holdings (Canada) Inc. and BRP Bermuda Holdings I Limited, as from time to time amended and in effect (the “Relationship Agreement”), and further agrees to, and does hereby, assume the obligations of a
Manager under the Relationship Agreement. The undersigned acknowledges and confirms that it has received a copy of the Relationship Agreement. 

[Remainder of page intentionally left blank] 

 Dated as of the 26th
day of February, 2015. 
  

			
	 BROOKFIELD ASSET MANAGEMENT PRIVATE INSTITUTIONAL CAPITAL ADVISER (CANADA), L.P. by its general
partner, BROOKFIELD PRIVATE FUNDS HOLDINGS INC. 

		
	by:	 	 /s/ Dinaz Dadyburjor

	 Name: Dinaz Dadyburjor

	 Title: Director

 [COUNTERPART AGREEMENT TO RELATIONSHIP AGREEMENT] 

 COUNTERPART AGREEMENT 

The undersigned hereby agrees, from and after the date hereof, to be bound as a party to the relationship agreement dated
November 28, 2011 by and among Brookfield Asset Management Inc., BRP Energy Group L.P., Brookfield Renewable Energy Group LLC, Brookfield Renewable Energy Group (Bermuda) Limited, Brookfield Renewable Energy Partners L.P., Brookfield Renewable
Energy L.P., Brookfield BRP Holdings (Canada) Inc. and BRP Bermuda Holdings I Limited, as from time to time amended and in effect (the “Relationship Agreement”), and further agrees to, and does hereby, assume the obligations of a
Manager under the Relationship Agreement. The undersigned acknowledges and confirms that it has received a copy of the Relationship Agreement. 

[Remainder of page intentionally left blank] 

 Dated as of the 26th
day of February, 2015. 
  

			
	 BROOKFIELD RENEWABLE INVESTMENTS LIMITED

		
	 by:
	 	 /s/ Jane Sheere

	 Name:
	 	 Jane Sheere

	 Title:
	 	 Secretary

 [COUNTERPART AGREEMENT TO RELATIONSHIP AGREEMENT] 

 SECOND AMENDMENT TO RELATIONSHIP AGREEMENT 

THIS AMENDING AGREEMENT is made as of the 30th day of July, 2020 (this
“Second Amendment Agreement”) 
 AMONG: 

BROOKFIELD ASSET MANAGEMENT INC., a corporation existing under the laws of the Province of Ontario 

(“BAM”) 

-and- 

BRP ENERGY GROUP L.P., a limited partnership existing under the laws of the Province of Manitoba 

(the “Canadian Service Provider”) 

-and- 

BROOKFIELD ASSET MANAGEMENT PRIVATE INSTITUTIONAL CAPITAL ADVISER (CANADA), L.P., a limited partnership existing under
the laws of the Province of Manitoba 
 (the “Canadian Service Provider II”) 

-and- 

BROOKFIELD RENEWABLE ENERGY GROUP (BERMUDA) LIMITED, an exempted company existing under the laws of Bermuda 

(the “International Service Provider”) 

-and- 

BROOKFIELD GLOBAL RENEWABLE ENERGY ADVISOR LIMITED, a company existing under the laws of England 

(the “UK Service Provider”) 

-and- 

BROOKFIELD PRIVATE CAPITAL (DIFC) LIMITED, a private company existing under the laws of Dubai International Financial
Centre 
 (the “Dubai Service Provider”) 

 -and- 

BROOKFIELD RENEWABLE PARTNERS L.P. (formerly Brookfield Renewable Energy Partners L.P.), an exempted partnership
existing under the laws of Bermuda 
 (“BEP”) 

-and- 

BROOKFIELD RENEWABLE ENERGY L.P., an exempted partnership existing under the laws of Bermuda 

(“BRELP”) 

-and- 

BROOKFIELD BRP HOLDINGS (CANADA) INC., a corporation existing under the laws of the Province of Ontario 

(“CanHoldco”) 

-and- 

BRP BERMUDA HOLDINGS I LIMITED, an exempted company existing under the laws of Bermuda 

(“Bermuda Holdco”) 

-and- 

BROOKFIELD BRP EUROPE HOLDINGS (BERMUDA) LIMITED, an exempted company existing under the laws of Bermuda 

(“Europe Holdco”) 

-and- 

BROOKFIELD RENEWABLE INVESTMENTS LIMITED, an exempted company existing under the laws of Bermuda 

(“Investco”) 

 WHEREAS BAM, the Canadian Service Provider, the International Service Provider, BEP,
BRELP, CanHoldco and Bermuda Holdco (together, the “Original Parties”) entered into a relationship agreement dated November 28, 2011 (the “Original Relationship Agreement”); 

AND WHEREAS the Original Parties, the Canadian Service Provider II, the UK Service Provider, Europe Holdco and Investco
(together with the Original Parties, the “Parties”) entered into an amending agreement to the Relationship Agreement dated February 26, 2015 (the Original Relationship Agreement as so amended is referred to herein as the
“Relationship Agreement”); 
 AND WHEREAS the Parties wish to amend the Relationship Agreement to reflect the
addition of the Dubai Service Provider as a party thereto effective as of the date hereof; 
 NOW THEREFORE for good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged by the Parties hereto, the Parties hereto hereby agree as follows: 
  

	1.1	 Addition of the Dubai Service Provider. The Parties hereby agree to amend the terms of the
Relationship Agreement by: 

  

	 	1.1.1	 deleting Sections 1.1.16 and 1.1.24 in their entirety; and 

 

	 	1.1.2	 deleting the definition of “Managers” in Section 1.125 in its entirety and replacing it with
the following: 

 ““Managers” means the Canadian Service Provider, the Canadian
Service Provider II, the International Service Provider, the UK Service Provider and the Dubai Service Provider.” 
  

	 	1.1.3	 adding the following provision after Section 13.5.13: 

 

	 	“13.5.14	 if to the Dubai Service Provider: 

Brookfield Private Capital (DIFC) Limited 

Unit 45, Level 15 

Gate Building 

DIFC 

PO Box 507234 

Dubai 

United Arab Emirates” 
  

	1.2	 Effectiveness. This Second Amendment Agreement shall be effective as of the date first written above.

  

	1.3	 Ratification. Except as amended hereby, the Relationship Agreement and all of its terms, conditions
and obligations are ratified and confirmed. 

	1.4	 Enurement. This Second Amendment Agreement and all of the provisions of this Second Amendment
Agreement shall be binding upon and enure to the benefit of the Parties and their respective successors and permitted assigns. 

  

	1.5	 Headings. The inclusion of headings in this Second Amendment Agreement are for convenience of
reference only and shall not affect the construction or interpretation hereof. 

  

	1.6	 Governing Law. This Second Amendment Agreement will be governed by and construed in accordance with
the laws of the Province of Ontario and the laws of Canada applicable therein. 

  

	1.7	 Counterparts. This Second Amendment Agreement may be signed in counterparts and each of such
counterparts will constitute an original document and such counterparts, taken together, will constitute one and the same instrument. 

[SIGNATURE PAGE FOLLOWS] 

 IN WITNESS WHEREOF, the Parties hereto have caused this Second Amendment Agreement to
be executed as of the date first above written. 
  

			
	 BROOKFIELD ASSET MANAGEMENT INC.

		
	 By:
	 	 /s/ Kathy Sarpash

		 	 Name: Kathy Sarpash

		 	 Title: Senior Vice-President

	
	BRP ENERGY GROUP L.P., by its general partner, BROOKFIELD RENEWABLE ENERGY GROUP G.P. INC.
		
	 By:
	 	 /s/ Jennifer Mazin

		 	 Name: Jennifer Mazin

		 	 Title: Senior Vice President and Secretary

	
	 BROOKFIELD ASSET MANAGEMENT PRIVATE INSTITUTIONAL CAPITAL ADVISER (CANADA), L.P., by its general partner,
BROOKFIELD PRIVATE FUNDS HOLDINGS INC.

		
	 By:
	 	 /s/ Kathy Sarpash

		 	 Name: Kathy Sarpash

		 	 Title: Senior Vice-President

			
	 BROOKFIELD RENEWABLE ENERGY GROUP (BERMUDA) LIMITED

		
	 By:
	 	 /s/ Anna Knapman-Scott

		 	 Name: Anna Knapman-Scott

		 	 Title: Assistant Secretary

	
	 BROOKFIELD GLOBAL RENEWABLE ENERGY ADVISOR LIMITED

		
	 By:
	 	 /s/ Philippa Elder

		 	 Name: Philippa Elder

		 	 Title: Director

	
	 BROOKFIELD PRIVATE CAPITAL (DIFC) LIMITED

		
	 By:
	 	 /s/ Anuj Ranjan

		 	 Name: Anuj Ranjan

		 	 Title: Director

	
	 BROOKFIELD RENEWABLE PARTNERS L.P., by its general partner, BROOKFIELD RENEWABLE PARTNERS
LIMITED

		
	 By:
	 	 /s/ Anna Knapman-Scott

		 	 Name: Anna Knapman-Scott

		 	 Title: Assistant Secretary

 
					
	 BROOKFIELD RENEWABLE ENERGY L.P., by its general partner, BREP HOLDING L.P., by its general partner, BRP
BERMUDA GP LIMITED

			
		 	 By:
	 	 /s/ Anna Knapman-Scott

		 	 Name: Anna Knapman-Scott

		 	 Title: Assistant Secretary

	
	 BROOKFIELD BRP HOLDINGS (CANADA) INC.

			
		 	 By:
	 	 /s/ Jennifer Mazin

		 	 Name: Jennifer Mazin

		 	 Title: Senior Vice President and Secretary

	
	 BRP BERMUDA HOLDINGS I LIMITED

			
		 	 By:
	 	 /s/ Anna Knapman-Scott

		 	 Name: Anna Knapman-Scott

		 	 Title: Assistant Secretary

	
	BROOKFIELD BRP EUROPE HOLDINGS (BERMUDA) LIMITED
			
		 	 By:
	 	 /s/ Anna Knapman-Scott

		 	 Name: Anna Knapman-Scott

		 	 Title: Assistant Secretary

 
					
	BROOKFIELD RENEWABLE INVESTMENTS LIMITED
			
		 	 By:
	 	 /s/ Anna Knapman-Scott

		 		 	 Name: Anna Knapman-Scott

		 		 	 Title: Assistant SecretaryEX-10.9

 Exhibit 10.9  

 EQUITY COMMITMENT AGREEMENT 

THIS AGREEMENT made as of the 30th day of July, 2020. 

B E T W E E N: 

BROOKFIELD BRP HOLDINGS (CANADA) INC. 

(“Canada HoldCo”), a corporation existing under the laws of the Province of Ontario 

- and - 

BROOKFIELD RENEWABLE CORPORATION 

(“BEPC”), a corporation existing under the laws of the Province of British Columbia 

- and – 

BROOKFIELD RENEWABLE PARTNERS L.P. 

(“BEP Partnership”), a limited partnership existing under the laws of Bermuda 

RECITALS: 
  

	A.	 WHEREAS Canada HoldCo will subscribe for, or cause one of its Affiliates (as defined below) to
subscribe for, Class C Shares of BEPC, on the terms and conditions set forth in this Equity Commitment Agreement and, as applicable, the articles of incorporation of BEPC, as the same may be amended and/or restated from time to time;

  

	B.	 WHEREAS BEPC intends to call on Canada HoldCo’s Commitment, from time to time and as necessary,
to fund growth capital investments and acquisitions, or for working capital purposes; and 

  

	C.	 WHEREAS BEP Partnership intends to covenant not to declare or pay any distributions on its limited
partnership units if certain conditions are met. 

 NOW THEREFORE in consideration of the mutual covenants and
agreements herein contained and other good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged), the parties hereto agree as follows: 

	1.	 Interpretation 

 

	 	1.1	 Definitions. In this Equity Commitment Agreement, the following terms shall have the following
meanings: 

  

	 	1.1.1	 “Affiliate” means, with respect to a Person, any other Person that, directly
or indirectly, through one or more intermediaries, Controls or is Controlled by such Person, or is under common Control of a third Person;  

  

	 	1.1.2	 “BEP Group” means the BEP Partnership, the Renewable Partnership, the Holding Entities, the
Operating Entities and any other direct or indirect Subsidiary of a Holding Entity, other than any member of the BEPC Group; 

  

	 	1.1.3	 “BEPC” has the meaning assigned thereto in the preamble; 

 

	 	1.1.4	 “BEPC Group” means BEPC and any of its direct or indirect Subsidiaries;

  

	 	1.1.5	 “BEP Partnership” has the meaning assigned thereto in the preamble; 

 

	 	1.1.6	 “BEP Unit” means a limited partnership unit in the BEP Partnership; 

 

	 	1.1.7	 “Business Day” means any day that the Principal Stock Exchange is open for trading, other
than any legal holiday recognized as such in the Province of Ontario or the Province of British Columbia; 

  

	 	1.1.8	 “Canada HoldCo” has the meaning assigned thereto in the preamble; 

 

	 	1.1.9	 “Class A Shares” means the class A exchangeable subordinate voting
shares in the capital of BEPC; 

  

	 	1.1.10	 “Class C Shares” means the class C
non-voting shares in the capital of BEPC; 

  

	 	1.1.11	 “Commitment” has the meaning assigned thereto in Section 2.1; 

  
 -2- 

	 	1.1.12	 “Commitment Period” means the period commencing on the Effective Date and ending on the
tenth anniversary following the Effective Date; 

  

	 	1.1.13	 “Control” means the control of one Person of another Person in accordance
with the following: a Person (“A”) controls another Person (“B”) where A has the power to determine the management and policies of B by contract or status (for example the status of A being the general partner of B) or by virtue
of beneficial ownership of a majority of the voting interests in B; and for certainty and without limitation, if A owns shares to which more than 50% of the votes permitted to be cast in the election of directors to the board of B or A is the
general partner of B, a limited partnership, then in each case A Controls B for this purpose; 

  

	 	1.1.14	 “Draw-Down Notice” means a notice to Canada HoldCo of a draw-down on the Commitment;

  

	 	1.1.15	 “Effective Date” means the date hereof; 

 

	 	1.1.16	 “Equity Commitment Agreement” means this equity commitment agreement as it may be amended
or restated from time to time; 

  

	 	1.1.17	 “Holding Entity” has the meaning assigned thereto in the BEP Partnership Agreement;

  

	 	1.1.18	 “Operating Entity” has the meaning assigned thereto in the BEP Partnership Agreement;

  

	 	1.1.19	 “Person” means any individual, partnership, limited partnership, joint venture, syndicate,
sole proprietorship, company or corporation with or without share capital, unincorporated association, trust, trustee, executor, administrator or other legal personal representative, regulatory body or agency, government or governmental agency,
authority or entity however designated or constituted; 

  
 -3- 

	 	1.1.20	 “Principal Stock Exchange” means the New York Stock Exchange or if the Class A Shares
are not listed on the New York Stock Exchange, the principal stock exchange on which the Class A Shares are listed; 

  

	 	1.1.21	 “Renewable Partnership” means Brookfield Renewable Energy L.P.; 

 

	 	1.1.22	 “Subscriber” means Canada HoldCo or any other member of the BEP Group that Canada HoldCo
causes to subscribe for Class C Shares pursuant to this Equity Commitment Agreement; 

  

	 	1.1.23	 “Subscription Payment” has the meaning assigned thereto in Section 2.2;

  

	 	1.1.24	 “Subscription Payment Date” means a date specified in a Draw-Down Notice on which a
Subscription Payment is to be made to BEPC; 

  

	 	1.1.25	 “Subsidiary” means, with respect to any Person, (i) any other Person
that is directly or indirectly Controlled by such Person, (ii) any trust in which such Person holds all of the beneficial interests or (iii) any partnership, limited liability company or similar entity in which such Person holds all of the
interests other than the interests of any general partner, managing member or similar Person; and 

  

	 	1.1.26	 “US$” means United States dollars. 

 

	 	1.2	 Headings. The inclusion of headings and a table of contents in this Equity Commitment Agreement are
for convenience of reference only and will not affect the construction or interpretation hereof. 

  

	 	1.3	 Gender and Number. In this Equity Commitment Agreement, unless the context otherwise requires, words
importing the singular include the plural and vice versa, words importing gender include all genders or the neuter, and words importing the neuter include all genders. 

 

	 	1.4	 Invalidity of Provisions. Each of the provisions contained in this Equity Commitment Agreement is
distinct and severable and a declaration of invalidity 

  
 -4- 

	 	 
or unenforceability of any such provision or part thereof by a court of competent jurisdiction will not affect the validity or enforceability of any other provision hereof. To the extent
permitted by applicable law, the parties waive any provision of law which renders any provision of this Equity Commitment Agreement invalid or unenforceable in any respect. The parties will engage in good faith negotiations to replace any provision
which is declared invalid or unenforceable with a valid and enforceable provision, the economic effect of which comes as close as possible to that of the invalid or unenforceable provision which it replaces. 

 

	 	1.5	 Currency. Except where otherwise expressly provided, all amounts in this Equity Commitment Agreement
are stated and shall be paid in US$. BEPC shall call all Subscription Payments in US$. Canada HoldCo shall make all Subscription Payments in US$ or in the equivalent amount of Canadian Dollars on the basis of rates quoted by appropriate financial
institutions of repute or by internationally recognized financial publications or news services. If it is necessary for any amounts to be converted from another currency into US$, then BEPC will convert the amount using rates quoted by appropriate
financial institutions of repute or by internationally recognized financial publications or news services. 

  

	 	1.6	 Waiver, Amendment. 

Any amendment, modification or waiver to this Equity Commitment Agreement that would reasonably be expected to impact the
economic equivalence of a Class A Share with a BEP Unit shall require (i) at a duly called annual or special meeting of BEPC’s shareholders, the affirmative consent or vote, as applicable, of holders of a majority of the outstanding
Class A Shares not held by Brookfield Asset Management Inc., the BEP Partnership or their controlled Affiliates, voting as a class, or (ii) in the event that there is more than one independent director of BEPC (within the meaning of
sections 1.4 and 1.5 of National Instrument 52-110 – Audit Committees of the Canadian Securities Administrators, as such provisions may be amended from time to time and, if applicable, the listing
standards of the securities exchange(s) on which the 

  
 -5- 

 
Class A Shares may then be listed) who does not also serve on the board of the general partner of the BEP Partnership (each a “non-overlapping
director”), the approval of a majority of such non-overlapping directors. Except as expressly provided in this Equity Commitment Agreement, no amendment, modification or waiver of this Equity Commitment
Agreement will be binding unless executed in writing by the party to be bound thereby. No waiver of any provision of this Equity Commitment Agreement will constitute a waiver of any other provision nor will any waiver of any provision of this Equity
Commitment Agreement constitute a continuing waiver unless otherwise expressly provided. 
  

	 	1.7	 Governing Law 

This Equity Commitment Agreement shall be governed by and construed in accordance with the laws of Ontario and the federal
laws of Canada applicable therein. 
  

	2.	 The Commitment 

 

	 	2.1	 The aggregate commitment of Canada HoldCo to subscribe for Class C Shares of BEPC pursuant to this
Equity Commitment Agreement is $1 billion (the “Commitment”). 

  

	 	2.2	 Each draw-down shall not exceed $250,000,000, unless Canada HoldCo otherwise agrees, and each subsequent
draw-down shall be made a minimum of 120 days after the receipt of the last Draw-Down Notice from BEPC. 

  

	 	2.3	 Subject to Sections 3 and 4, on each Subscription Payment Date, the Subscriber shall pay to BEPC an
amount of cash set out in a Draw-Down Notice (the “Subscription Payment”) in exchange for the issuance of Class C Shares pursuant to Section 6. 

 

	 	2.4	 The amount of the Commitment shall be permanently reduced by the amount of any Subscription Payment made to
BEPC. 

  
 -6- 

	3.	 Subscription Payments on Draw-Downs 

 

	 	3.1	 Canada HoldCo shall cause one or more Subscribers to make a Subscription Payment to BEPC following receipt
of a Draw-Down Notice from BEPC and in such amount as BEPC shall specify in the Draw-Down Notice; provided that no Subscription Payment shall be less than $10 million or in excess of the undrawn amount of the Commitment at the time the
Subscription Payment is to be made. 

  

	 	3.2	 BEPC shall give the Draw-Down Notice to Canada HoldCo in the manner specified in Section 12 hereof. The
Draw-Down Notice shall: 

  

	 	3.2.1	 specify (i) the place at which such Subscription Payment is to be made, including, if applicable, the
account of BEPC or one or more of its subsidiaries to which such Subscription Payment should be made, (ii) the security to be issued, (iii) the amount of such Subscription Payment to be made, and (iv) the Subscription Payment Date and
time at which such Subscription Payment is to be made, which shall not be earlier than 12:00 p.m., Toronto time, generally on the tenth Business Day, but in no event earlier than the fifth Business Day, after the giving of the Draw-Down
Notice; and 

  

	 	3.2.2	 confirm that (i) BEPC is able to pay its liabilities as they become due; and (ii) there has been
no material adverse effect with respect to BEPC or its affairs or financial condition. 

  

	 	3.3	 If BEPC deems it advisable, BEPC may reduce the amount of or cancel any call for a Subscription Payment by
giving notice to Canada HoldCo in accordance with Section 12, subject to Section 3.1. 

  

	4.	 Conditions Precedent 

Canada HoldCo’s obligations pursuant to Section 3.1 are subject to compliance, as of the Subscription Payment Date,
with each of the following conditions precedent which are for the 

  
 -7- 

 
sole and exclusive benefit of Canada HoldCo and may be waived by Canada HoldCo in its sole discretion: 
  

	 	4.1	 a member of the BEP Group shall Control BEPC and a member of the BEP Group shall have the ability to elect a
majority of the directors of BEPC; 

  

	 	4.2	 a Draw-Down Notice shall have been provided to Canada HoldCo in accordance with Section 3.2;

  

	 	4.3	 a majority of the directors of BEPC shall have authorized the issuance of Class C Shares pursuant to
Section 6; and 

  

	 	4.4	 on each of the five Business Days immediately preceding the Subscription Payment Date, Class A Shares
shall have traded on the Principal Stock Exchange. 

  

	5.	 Expiration of the Commitment Period  

Upon the earlier of (i) the expiration of the Commitment Period, subject to the ongoing obligation to satisfy a
previously issued Draw-Down Notice, and (ii) the making of Subscription Payments equal to the full amount of the Commitment, no Subscriber shall be required to make Subscription Payments pursuant to this Equity Commitment Agreement. 

 

	6.	 Issuance of Class C Shares 

Upon making a Subscription Payment to BEPC, BEPC shall issue a number of Class C Shares equal to the cash amount of the
Subscription Payment divided by the volume-weighted average of the trading price for one Class A Share on the Principal Stock Exchange for the five trading days immediately preceding the Subscription Payment Date. 

 

	7.	 Representations and Warranties 

 

	 	7.1	 Canada HoldCo hereby represents and warrants to BEPC and the BEP Partnership that: 

 

	 	7.1.1	 it is validly organized and existing under the laws of the Province of Ontario; 

  
 -8- 

	 	7.1.2	 it has the power, capacity and authority to enter into this Equity Commitment Agreement and to perform its
duties and obligations hereunder; 

  

	 	7.1.3	 it has taken all necessary action to authorize the execution, delivery and performance of this Equity
Commitment Agreement; 

  

	 	7.1.4	 the execution and delivery of this Equity Commitment Agreement by it and the performance by it of its
obligations hereunder do not and will not contravene, breach or result in any default under its articles, by-laws, constituent documents or other organizational documents; 

 

	 	7.1.5	 no authorization, consent or approval, or filing with or notice to any Person is required in connection with
the execution, delivery or performance by it of this Equity Commitment Agreement; and 

  

	 	7.1.6	 this Equity Commitment Agreement constitutes a valid and legally binding obligation of it enforceable
against it in accordance with its terms, subject to (i) applicable bankruptcy, insolvency, moratorium, fraudulent conveyance, reorganization and other laws of general application limiting the enforcement of creditors’ rights and remedies
generally and (ii) general principles of equity, including standards of materiality, good faith, fair dealing and reasonableness, equitable defenses and limits as to the availability of equitable remedies, whether such principles are considered
in a proceeding at law or in equity. 

  

	 	7.2	 BEPC hereby represents and warrants to Canada HoldCo and the BEP Partnership that:

  

	 	7.2.1	 it is validly organized and existing under the laws of the Province of British Columbia;

  
 -9- 

	 	7.2.2	 it has the power, capacity and authority to enter into this Equity Commitment Agreement and to perform its
duties and obligations hereunder; 

  

	 	7.2.3	 it has taken all necessary action to authorize the execution, delivery and performance of this Equity
Commitment Agreement; 

  

	 	7.2.4	 the execution and delivery of this Equity Commitment Agreement by it and the performance by it of its
obligations hereunder do not and will not contravene, breach or result in any default under its articles, by-laws, constituent documents or other organizational documents; 

 

	 	7.2.5	 no authorization, consent or approval, or filing with or notice to any Person is required in connection with
the execution, delivery or performance by it of this Equity Commitment Agreement; and 

  

	 	7.2.6	 this Equity Commitment Agreement constitutes a valid and legally binding obligation of it enforceable
against it in accordance with its terms, subject to (i) applicable bankruptcy, insolvency, moratorium, fraudulent conveyance, reorganization and other laws of general application limiting the enforcement of creditors’ rights and remedies
generally and (ii) general principles of equity, including standards of materiality, good faith, fair dealing and reasonableness, equitable defenses and limits as to the availability of equitable remedies, whether such principles are considered
in a proceeding at law or in equity. 

  

	 	7.3	 The BEP Partnership hereby represents and warrants to BEPC and Canada HoldCo that:

  

	 	7.3.1	 it is validly organized and existing under the laws of Bermuda; 

 

	 	7.3.2	 it has the power, capacity and authority to enter into this Equity Commitment Agreement and to perform its
duties and obligations hereunder; 

  
 -10- 

	 	7.3.3	 it has taken all necessary action to authorize the execution, delivery and performance of this Equity
Commitment Agreement; 

  

	 	7.3.4	 the execution and delivery of this Equity Commitment Agreement by it and the performance by it of its
obligations hereunder do not and will not contravene, breach or result in any default under its limited partnership agreement, constituent documents or other organizational documents; 

 

	 	7.3.5	 no authorization, consent or approval, or filing with or notice to any Person is required in connection with
the execution, delivery or performance by it of this Equity Commitment Agreement; and 

  

	 	7.3.6	 this Equity Commitment Agreement constitutes a valid and legally binding obligation of it enforceable
against it in accordance with its terms, subject to (i) applicable bankruptcy, insolvency, moratorium, fraudulent conveyance, reorganization and other laws of general application limiting the enforcement of creditors’ rights and remedies
generally and (ii) general principles of equity, including standards of materiality, good faith, fair dealing and reasonableness, equitable defenses and limits as to the availability of equitable remedies, whether such principles are considered
in a proceeding at law or in equity. 

  

	8.	 Covenants of the BEP Partnership 

The BEP Partnership covenants and agrees that, from the date of this Equity Commitment Agreement until the termination of this
Equity Commitment Agreement: 
 (a) it will not declare any distribution on the BEP Units if on such date BEPC does not have
sufficient money or other assets to enable the declaration and payment, in accordance with applicable law (including directors’ fiduciary duties) and all contracts to which BEPC is a party, of the equivalent (calculated per Class A Share)
dividend on the Class A Shares; and 

  
 -11- 

 (b) it will not pay any declared distribution if on such payment date BEPC
does not have sufficient money or other assets to enable the payment, in accordance with applicable law (including directors’ fiduciary duties) and all contracts to which BEPC is a party, of the equivalent (calculated per Class A Share)
dividend on the Class A Shares. 
  

	9.	 Termination 

This Equity Commitment Agreement shall terminate and no longer be of any effect in the event that all of the outstanding
Class A Shares are held by Brookfield Asset Management Inc., the BEP Partnership or their controlled Affiliates. 
  

	10.	 Further Assurances 

Each of the parties hereto shall promptly do, make, execute or deliver, or cause to be done, made, executed or delivered, all
such further acts, documents and things as the other party hereto may reasonably require from time to time for the purpose of giving effect to this Equity Commitment Agreement and shall use reasonable efforts and take all such steps as may be
reasonably within its power to implement to their full extent the provisions of this Equity Commitment Agreement. 
  

	11.	 Successors and Assigns 

No party may assign its right or benefits under this Equity Commitment Agreement without the prior written consent of the
other parties hereto provided that Canada HoldCo may assign its rights and benefits under this Equity Commitment Agreement to any member of the BEP Group without obtaining the prior written consent of the other parties. This provision of this Equity
Commitment Agreement shall enure to the benefit of and be binding on the parties to this Equity Commitment Agreement and their respective successors and assigns. 
  

	12.	 Notice 

Any notice or other communication required or permitted to be given hereunder shall be in writing and shall be given by
prepaid mail, by facsimile or other means of electronic communication or by delivery as hereafter provided. Any such notice or other communication, if 

  
 -12- 

 
mailed by prepaid mail at any time other than during a general discontinuance of postal service due to strike, lockout or otherwise, shall be deemed to have been received on the fourth Business
Day after the post-marked date thereof, or if sent by facsimile or other means of electronic communication, shall be deemed to have been received on the Business Day following the sending, or if delivered by hand shall be deemed to have been
received at the time it is delivered to the applicable address noted below either to the individual designated below or to an individual at such address having apparent authority to accept deliveries on behalf of the addressee. Notice of change of
address shall also be governed by this section. In the event of a general discontinuance of postal service due to strike, lock-out or otherwise, notices or other communications shall be delivered by hand or
sent by facsimile or other means of electronic communication and shall be deemed to have been received in accordance with this section. Notices and other communications shall be addressed as follows: 

 

	 	(a)	 if to Canada HoldCo: 

Brookfield Place, Suite 300 

181 Bay Street 

Toronto, ON M5J 2T3 

	 	(b)	 if to BEPC: 

Brookfield Renewable Corporation 

Brookfield Place 

250 Vesey Street, 15th Floor 

New York NY 10281 

	 	(c)	 if to the BEP Partnership: 

Brookfield Renewable Partners L.P. 

73 Front Street, 5th Floor 

Hamilton 

HM12 

Bermuda 

  
 -13- 

	13.	 Benefits of this Equity Commitment Agreement 

Except for the rights of Non-Affiliated Holders (as defined in the Articles of BEPC)
to enforce the provisions in Section 8, nothing in this Equity Commitment Agreement shall be construed to give to any Person other than the parties hereto any legal or equitable right, remedy or claim under this Equity Commitment Agreement.

  

	14.	 Counterparts 

This Equity Commitment Agreement may be signed in counterparts and each of such counterparts shall constitute an original
document and such counterparts, taken together, shall constitute one and the same instrument. 
 [NEXT PAGE IS THE SIGNATURE PAGE]

  
 -14- 

 IN WITNESS WHEREOF the parties hereto have executed this agreement as of the date
first written above. 
  

					
	BROOKFIELD BRP HOLDINGS (CANADA) INC.
		
	 By:
	 	 /s/ Adrienne Moore

		 	 Name:
	 	 Adrienne Moore

		 	 Title:
	 	 Vice-President

  

					
	BROOKFIELD RENEWABLE CORPORATION
		
	 By:
	 	 /s/ Jennifer Mazin

		 	 Name:
	 	 Jennifer Mazin

		 	 Title:
	 	 General Counsel and Corporate Secretary

  

					
	BROOKFIELD RENEWABLE PARTNERS L.P., by its general partner BROOKFIELD RENEWABLE PARTNERS LIMITED
		
	 By:
	 	 /s/ Jane Sheere

		 	 Name:
	 	 Jane Sheere

		 	 Title:
	 	 Secretary

 [Equity Commitment Agreement – Signature Page]

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