Brookfield Renewable to Issue C$500 Million of Green Bonds

Executive Summary

• Brookfield Renewable agreed to issue C$500 million aggregate principal amount of Series 20 Notes, due January 15 2056, bearing interest at 5.204% per annum.
• The notes are the company’s eighteenth green‑labelled corporate securities issuance in North America and will be used to fund eligible investments under Brookfield Renewable’s 2024 Green Financing Framework, including repayment of related indebtedness.
• The notes have been rated BBB+ (S&P), BBB (high) with stable trend (DBRS), and BBB+ (Fitch); the offering is being led by a syndicate of major Canadian banks and international agents.

Key Details

• Issuer: Brookfield Renewable Partners ULC, a subsidiary of Brookfield Renewable; fully guaranteed by Brookfield Renewable and certain key holding subsidiaries.
• Principal Amount: C$500 million aggregate.
• Maturity: January 15 2056.
• Interest Rate: 5.204% per annum.
• Pricing & Closing: Issued pursuant to a base shelf prospectus dated September 26 2025 and related supplements; expected closing on or about January 15 2026, subject to customary conditions.
• Use of Proceeds: To fund Eligible Investments defined in Brookfield Renewable’s 2024 Green Financing Framework and to repay indebtedness incurred for those investments.
• Ratings: BBB+ (S&P Global Ratings), BBB (high) with stable trend (DBRS Limited), BBB+ (Fitch Ratings).
• Offering Syndicate: Led by TD Securities, CIBC Capital Markets, National Bank Capital Markets, BMO Capital Markets, RBC Capital Markets, and Scotiabank; includes Desjardins, BNP Paribas, Mizuho Securities, MUFG, SMBC Nikko, and iA Private Wealth Inc.
• Green Label: This issuance marks the 18th green‑labelled corporate securities offering by Brookfield Renewable in North America.

Notable Quotes

(No direct quotes were provided in the release.)