Brookfield Renewable Broadcasts Computerized Buy Plan

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All quantities in US {dollars} until in any other case indicated

BROOKFIELD, Information, Oct. 02, 2023 (GLOBE NEWSWIRE) — Brookfield Renewable Companions L.P. (TSX: BEP.UN; NYSE: BEP) (“Brookfield Renewable Companions”, “BEP”) as we speak introduced that, in reference to its beforehand introduced regular course issuer bid (“NCIB”) that may terminate on December 15, 2023, it has entered into an automated buy plan with its designated dealer. The automated buy plan, which has been pre-cleared by the Toronto Inventory Change, will permit for the acquisition of Brookfield Renewable’s excellent restricted partnership models (the “LP Items”), topic to sure buying and selling parameters, at occasions when Brookfield Renewable ordinarily wouldn’t be lively available in the market resulting from its personal inner buying and selling black-out durations, insider buying and selling guidelines or in any other case. Outdoors of those durations, LP Items shall be repurchased in accordance with administration’s discretion and in compliance with relevant legislation. The precise variety of LP Items bought underneath the automated plan, the timing of such purchases and the value at which LP Items are bought will rely upon future market circumstances.

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Brookfield Renewable

Brookfield Renewable operates one of many world’s largest publicly traded, pure-play renewable energy platforms. Our portfolio consists of hydroelectric, wind, utility-scale photo voltaic and storage amenities in North America, South America, Europe and Asia, and totals roughly 31,300 megawatts of put in capability and a growth pipeline of roughly 134,400 megawatts of renewable energy belongings, 13 million metric tonnes every year (“MMTPA”) of carbon seize and storage, 3 million tons of recycled materials and 4 million metric million British thermal models of renewable pure fuel manufacturing yearly. Buyers can entry its portfolio both via Brookfield Renewable Companions L.P. (NYSE: BEP; TSX: BEP.UN), a Bermuda-based restricted partnership, or Brookfield Renewable Company (NYSE, TSX: BEPC), a Canadian company. Additional info is out there at https://bep.brookfield.com. Necessary info could also be disseminated completely by way of the web site; traders ought to seek the advice of the location to entry this info.

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Brookfield Renewable is the flagship listed renewable energy firm of Brookfield Asset Administration, a number one world various asset supervisor with roughly $850 billion of belongings underneath administration.

Please word that Brookfield Renewable’s earlier audited annual and unaudited quarterly experiences filed with the U.S. Securities and Change Fee (“SEC”) and securities regulators in Canada, can be found on our web site at https://bep.brookfield.com, on SEC’s web site at www.sec.gov and on SEDAR’s web site at www.sedarplus.ca. Onerous copies of the annual and quarterly experiences may be obtained freed from cost upon request.

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Cautionary Assertion Relating to Ahead-looking Statements

This information launch incorporates forward-looking statements and knowledge throughout the which means of Canadian securities legal guidelines and “forward-looking statements” throughout the which means of Part 27A of the U.S. Securities Act of 1933, as amended, Part 21E of the U.S. Securities Change Act of 1934, as amended, “secure harbor” provisions of the USA Personal Securities Litigation Reform Act of 1995 and in any relevant Canadian securities laws. Ahead-looking statements might embody estimates, plans, expectations, opinions, forecasts, projections, steering or different statements that aren’t statements of truth. Ahead-looking statements may be recognized by way of phrases equivalent to “will”, “believes” and “might” or variations of such phrases and phrases and embody statements concerning potential future purchases by Brookfield Renewable. Though Brookfield Renewable believes that these forward-looking statements and knowledge are primarily based upon cheap assumptions and expectations, the reader mustn’t place undue reliance on them, or another forward-looking statements or info on this information launch. The long run efficiency and prospects of Brookfield Renewable are topic to quite a lot of identified and unknown dangers and uncertainties. Components that might trigger precise outcomes of Brookfield Renewable to vary materially from these contemplated or implied by the statements on this information launch embody: common financial circumstances; rate of interest modifications; availability of fairness and debt financing; the efficiency of the Items or the inventory exchanges typically; and different dangers and elements described within the paperwork filed by Brookfield Renewable with securities regulators in Canada and the USA together with underneath “Threat Components” in Brookfield Renewable’s most up-to-date Annual Report on Kind 20-F and different dangers and elements which might be described therein.

Besides as required by legislation, Brookfield Renewable doesn’t undertake any obligation to publicly replace or revise any forward-looking statements or info, whether or not written or oral, whether or not because of new info, future occasions or in any other case.