Brookfield Renewable Partners (BEP) investor relations material

Business overview and strategy

• Operates a large, diversified portfolio of renewable power and transition assets across hydro, wind, solar, storage, nuclear, and sustainable solutions, with over 250,000 MW in assets and development pipeline.

• Generates durable, inflation-indexed cash flows, with ~90% of revenues contracted for an average of 12 years and ~75% of FFO from developed markets.

• Strategic partnerships with major global power buyers and governments, including transformational agreements in nuclear power.

• Value creation through disciplined asset acquisition, development, operational enhancement, and recurring capital recycling.

Financial performance and growth targets

• Targets 12–15% total returns, 10%+ annual FFO per unit growth, and 5–9% annual distribution growth.

• Deployed $9–10B over the next five years, with ~$850M annual development deployment potential and a 10 GW run rate by 2027.

• Track record of stable FFO and distribution growth, with FFO per unit CAGR of 8% and distribution per unit CAGR of 5% since 2015.

Balance sheet and capital structure

• Maintains a BBB+ investment grade balance sheet, with 96% fixed-rate debt and an average maturity over 10 years.

• No near-term maturities, $4.7B in available liquidity, and diverse funding sources including asset sales, equity, and debt.

• Enhanced capital recycling strategy with private renewable vehicles and recurring monetizations.