1. BEP plans to redeem Series 7 Preferred Units on January 31, 2026. 2. The total redemption cost is C$175 million funded from available liquidity. 3. Holders of Series 7 will receive a final distribution of C$0.34375. 4. BEP operates one of the largest renewable energy platforms globally. 5. Brookfield Asset Management has over $1 trillion in assets under management.
FAQ
Why Bullish?
The preferred unit redemption signals strong liquidity and financial health, enhancing investor confidence. Historically, such actions by companies often correlate with positive stock performance.
How important is it?
The article discusses a significant corporate action that directly impacts preferred shareholders and reflects the company’s operational stability. Positive signals around liquidity and investor rewards contribute to market confidence.
Why Short Term?
The redemption is set for January 2026, providing immediate implications for investors. Immediate returns from the final distribution could encourage investment interest.
Related Companies
BROOKFIELD, News, Jan. 02, 2026 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners L.P. (TSX:BEP, NYSE:BEP) today announced that it intends to redeem all of its outstanding Class A Preferred Limited Partnership Units, Series 7 (the "Series 7 Preferred Units") (TSX:BEP) for cash on January 31, 2026. The redemption price for each Series 7 Preferred Unit will be C$25.00 for an aggregate cost of C$175 million, funded from available liquidity. Holders of Series 7 Preferred Units of record as of January 15, 2026 will receive the previously declared final quarterly distribution of C$0.34375 per Series 7 Preferred Unit.
Brookfield Renewable
Brookfield Renewable operates one of the world's largest publicly traded platforms for renewable power and sustainable solutions. Our renewable power portfolio consists of hydroelectric, wind, utility-scale solar, distributed solar, and storage facilities, and our sustainable solutions assets include our investment in a leading global nuclear services business and investments in carbon capture and storage capacity, agricultural renewable natural gas, materials recycling and eFuels manufacturing capacity, among others.
Investors can access the portfolio either through Brookfield Renewable Partners L.P. (NYSE:BEP, TSX:BEP), a Bermuda-based limited partnership, or Brookfield Renewable Corporation ((NYSE, TSX:BEPC), a Canadian corporation. Further information is available at https://bep.brookfield.com.
Brookfield Renewable is the flagship listed renewable power and transition company of Brookfield Asset Management, a leading global alternative asset manager headquartered in New York, with over $1 trillion of assets under management.
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| Media: | Investors: |
| Simon Maine | Alex Jackson |
| +44 7398 909 278 | + (416) 649-8172 |
| simon.maine@brookfield.com | alexander.jackson@brookfield.com |
