Brookfield Renewable Announces Intention to Redeem its Series 11 Preferred Units
April 05 2022 - 9:47PM
Brookfield Renewable Partners L.P. (
TSX: BEP.UN; NYSE:
BEP) today announced that it intends to redeem all of its
outstanding Class A Preferred Limited Partnership Units, Series 11
(the “Series 11 Preferred Units”) (TSX: BEP.PR.K) for cash on April
30, 2022. The redemption price for each Series 11 Preferred Unit
will be C$25.00. Holders of Series 11 Preferred Units of record as
of April 14, 2022 will receive the previously declared final
quarterly distribution of C$0.3125 per Series 11 Preferred Unit.
Brookfield Renewable operates
one of the world’s largest publicly traded, pure-play renewable
power platforms. Our portfolio consists of hydroelectric, wind,
solar and storage facilities in North America, South America,
Europe and Asia, and totals approximately 21,000 megawatts of
installed capacity and an approximately 62,000 megawatt development
pipeline.
Brookfield Renewable is the flagship listed
renewable power company of Brookfield Asset Management, a leading
global alternative asset manager with approximately US$690 billion
of assets under management.Contact information:
Media:Simon Maine
Managing Director – Corporate Communications
(44) 7398-909-278
simon.maine@brookfield.com |
Investors:Robin
KooymanSenior Vice President – Investor
Relations(416)
649-8172robin.kooyman@brookfield.com |
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