Brookfield Renewable announces at-the-market equity issuance program for up to US$400 million

On January 12, 2026, Brookfield Renewable Corporation (“BEPC”) and Brookfield Renewable Partners L.P. (the “Partnership” and together with BEPC, “Brookfield Renewable”) announced that it made the necessary Canadian and U.S. securities filings to enable an “at the market” equity issuance program (the “ATM Program”).

Under the ATM Program, BEPC may, at its discretion, offer and sell up to US$400 million (or the Canadian dollar equivalent) of Class A exchangeable subordinate voting shares of BEPC directly from treasury. These shares may be sold to the public from time to time at prevailing market prices through the Toronto Stock Exchange, the New York Stock Exchange or any other marketplace in Canada or the United States where the shares may be traded. As a result, sale prices of the shares sold under the ATM Program, if any, may vary among purchasers and throughout the distribution period. The ATM Program will provide BEPC with flexibility to issue shares directly into the market at times when conditions are favorable.

Each share will be exchangeable at the option of the holder for one non-voting limited partnership unit (“LP Unit”) (subject to adjustment to reflect certain capital events) or its cash equivalent (the form of payment to be determined at the election of BEPC).

Brookfield Renewable intends to use the net proceeds from the ATM Program to facilitate repurchases by the Partnership of its LP Units under its normal course issuer bid program and for general corporate purposes.

Further information can be found on Globe Newswire’s website.

Brookfield Renewable operates one of the world’s largest publicly traded platforms for renewable power and sustainable solutions. Its renewable power portfolio consists of hydroelectric, wind, utility-scale solar and storage facilities and sustainable solutions assets include investment in a leading global nuclear services business and a portfolio of investments in carbon capture and storage capacity, agricultural renewable natural gas, materials recycling and eFuels manufacturing capacity. It 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 US$1 trillion of assets under management.