Brookfield Renewable Announces Results of Reclassification of its Series 13 Preferred Units
April 18 2023 - 4:09PM
Brookfield Renewable Partners L.P. (“Brookfield Renewable”) (NYSE:
BEP; TSX: BEP.UN) today announced that after having taken into
account all election notices received by the April 17, 2023
deadline for the reclassification of its Class A Preferred Limited
Partnership Units, Series 13 (the “Series 13 Units”) (TSX:
BEP.PR.M) into Class A Preferred Limited Partnership Units, Series
14 (the “Series 14 Units”), it has determined that there will be no
reclassification of Series 13 Units into Series 14 Units, and
holders of Series 13 Units will retain their Series 13 Units.
There were 22,106 Series 13 Units tendered for
reclassification, which is less than the 1,000,000 units required
to give effect to reclassifications of Series 13 Units into Series
14 Units.
Brookfield Renewable
Brookfield Renewable operates one of the world’s
largest publicly traded platforms for renewable power and
decarbonization solutions. Our diversified portfolio consists of
hydroelectric, wind, solar, distributed energy and sustainable
technology solutions across five continents. Our installed capacity
totals approximately 25,400 megawatts and a development pipeline of
approximately 110,000 megawatts of renewable power assets, 8
million metric tonnes per annum (“MMTPA”) of carbon capture and
storage, 2 million tons per annum of recycled materials capacity
and 3 million metric million British thermal units (“MMBtu”) annual
capacity of renewable natural gas projects. Investors can access
our portfolio either through Brookfield Renewable Partners L.P.
(NYSE: BEP; TSX: BEP.UN), a Bermuda-based limited partnership, or
Brookfield Renewable Corporation (NYSE, TSX: BEPC), a Canadian
corporation.
Brookfield Renewable is the flagship listed
renewable and transition company of Brookfield Asset Management, a
leading global alternative asset manager with approximately US$800
billion of assets under management.
Contact information: |
|
Media: |
Investors: |
Simon Maine |
Alex Jackson |
+44 7398 909 278 |
+ (416) 649-8172 |
simon.maine@brookfield.com |
alexander.jackson@brookfield.com |
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