Brookfield Renewable Partners (BEP) investor relations material

Strategic positioning and market trends

• Leadership in key energy technologies and geographies enables outperformance amid evolving global energy demands.

• Focus on lowest-cost, mature renewables, complemented by hydro, nuclear, and battery storage, to meet both generation and capacity needs.

• Platform resilience and disciplined investment approach have insulated the business from sector headwinds and regulatory uncertainty.

• Positioned at the forefront of U.S. energy dominance, tech-driven power demand, and battery storage growth.

• Strategic partnerships with major tech firms and governments drive growth in high-demand markets.

Growth drivers and capital deployment

• Raised capital deployment target to $9–10 billion over five years, with half from proprietary development pipelines.

• M&A pipeline exceeds $100 billion in enterprise value, leveraging scale and deep market access.

• Asset recycling is a core value driver, generating significant proceeds and above-target returns.

• Development pipeline expected to reach 10 GW annually by 2027, supporting recurring self-funding and growth.

• Capital recycling and disciplined investment approach provide flexibility and downside protection.

Financial performance and guidance

• Record FFO and 11% per unit growth in the last 12 months, supporting stable distribution growth over 5%.

• Maintained 90% contracted cash flow profile and increased liquidity to nearly $5 billion since 2015.

• $34 billion raised in financings over the past year, with a focus on long-term, fixed-rate, non-recourse debt.

• Targeting 10%+ annual FFO per unit growth, driven by inflation-linked revenues, recontracting, development, and M&A.

• Over $2 billion in annual asset sales targeted, with strong conviction in embedded cash flow growth.