Brookfield Renewable Partners L.P.: Rating Report

On May 27, 2022, DBRS Limited (DBRS Morningstar) confirmed its ratings on Brookfield Renewable Partners L.P. (BEP or the Company) and its subsidiaries Brookfield Renewable Partners ULC (BEP ULC), Brookfield Renewable Power Preferred Equity Inc. (BEP Equity), and Brookfield BRP Holdings (Canada) Inc. (BRPHC) as listed above. All trends are Stable. The Senior Unsecured Debentures and Notes (the Senior Notes) issued by BEP ULC, the Class A Preference Shares (the Preferred Shares) issued by BEP Equity, and the Subordinated Notes issued by BRPHC are unconditionally and irrevocably guaranteed by
BEP.