Brookfield Renewable Issues CAD 400m Bond for Green Projects

• Brookfield Renewable's CAD 400 million bond offering fuels green energy projects, with attractive interest rates and strong guarantees, backed by top financial institutions.

Brookfield Renewable, a renewable power platform with 34 GW of assets, has launched a CAD 400 million bond offering to fund green energy initiatives. The sale, conducted by its subsidiary Brookfield Renewable Partners ULC, includes CAD 100 million of Series 17 Notes due January 10, 2054, with an interest rate of 5.417%, and CAD 300 million of Series 18 Notes maturing on October 20, 2034, with an interest rate of 4.959%. The securities are guaranteed by Brookfield Renewable and key subsidiaries.

Proceeds from the bond will support investments in renewable and low-carbon electricity production, energy efficiency projects, and debt repayment. RBC Capital Markets, Scotiabank, BMO Capital Markets, TD Securities, CIBC Capital Markets, and National Bank Financial Markets are assisting with the placement, set to close around July 17.

What is the purpose of Brookfield Renewable's CAD 400 million bond offering?

• The purpose of Brookfield Renewable's CAD 400 million bond offering is to fund green energy initiatives.
  
• The proceeds from the bond will support investments in renewable and low-carbon electricity production.
• The funds will also be used for energy efficiency projects and debt repayment.