Brookfield Renewable issues C$300 million green bond
On September 20, 2018, Brookfield Renewable Partners L.P. ("Brookfield Renewable") completed the issuance of C$300 million aggregate principal amount of 4.25% medium-term notes, Series 11, due January 15, 2029. The notes are fully and unconditionally guaranteed by Brookfield Renewable and certain of its key holding subsidiaries.
The notes represent Brookfield Renewable's inaugural, corporate-level green bond in Canada. Under its recently implemented Green Bond Framework the proceeds are to be used to finance and/or refinance investments in renewable power generation and to support the development of clean energy technologies.
Brookfield Renewable Partners operates one of the world's largest publicly traded, pure-play renewable power platforms. Its portfolio consists of hydroelectric, wind, solar and storage facilities in North America, South America, Europe and Asia and totals over 17,000 MW of installed capacity and an 8,000 MW development pipeline.
Further information can be found on Globe Newswire's website.