Brookfield Renewable Plans Redemption of Series 7 Preferred Units
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Brookfield Renewable Partners L.P. has announced its intention to redeem all outstanding Series 7 Preferred Units for cash on January 31, 2026. This decision will cost approximately C$175 million and is part of the company's financial strategy.
Brookfield Renewable Partners L.P. has confirmed its plan to redeem all of its outstanding Class A Preferred Limited Partnership Units, Series 7. The redemption is scheduled for January 31, 2026.
The redemption price for each Series 7 Preferred Unit will be C$25.00, amounting to a total cost of C$175 million. This will be funded from the company's available liquidity.
Holders of the Series 7 Preferred Units who are on record as of January 15, 2026, will receive a final quarterly distribution of C$0.34375 before the redemption takes place.
This move is part of Brookfield's ongoing financial management strategy, aimed at optimizing its capital structure and providing returns to its investors.
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