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News  ›  GlobeNewswire Inc.

Brookfield Renewable Announces Intention to Redeem Its Series 7 Preferred Units

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Na
Brookfield Renewable Announces Intention to Redeem Its Series 7 Preferred Units

Brookfield Renewable Partners L.P. announced the redemption of all outstanding Class A Preferred Limited Partnership Units, Series 7 for C$25.00 per unit on January 31, 2026, with an aggregate cost of C$175 million funded from available liquidity. Unitholders will also receive a final quarterly distribution of C$0.34375 per unit.

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BEP   neutral

The redemption of preferred units is a routine capital management action. The company has sufficient liquidity to fund the C$175 million redemption, indicating financial stability. However, this is a standard corporate action with no material positive or negative implications for the business operations or growth prospects.