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Form 6-K Brookfield Renewable For: Jun 14

June 14, 2022 5:10 PM EDT
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of June 2022

Commission File Number: 001-39355

BROOKFIELD RENEWABLE CORPORATION
(Translation of registrant's name into English)

250 Vesey Street, 15th Floor
New York, New York 10281

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [ X ]      Form 40-F [   ]

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):        

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):        


EXHIBIT INDEX

Exhibit  
   
99.1 Press release dated June 14, 2022.   
99.2 Report on Voting Results for the Registrant’s Annual Meeting of Shareholders held June 14, 2022.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

      BROOKFIELD RENEWABLE CORPORATION    
  (Registrant)
   
  
Date: June 14, 2022     /s/ Jennifer Mazin    
  Jennifer Mazin
  General Counsel and Corporate Secretary
  

EXHIBIT 99.1

Brookfield Renewable Corporation Announces Results of Annual Meeting of Shareholders

BROOKFIELD, NEWS, June 14, 2022 (GLOBE NEWSWIRE) -- Brookfield Renewable Corporation (the “Corporation”) (TSX, NYSE: BEPC) today announced that all ten nominees proposed for election to the board of directors by holders of class A exchangeable subordinate voting shares (“Exchangeable Shares”) and holders of class B multiple voting shares (“Class B Shares”) were elected at the company’s annual meeting of shareholders held on June 14, 2022 in a virtual meeting format. Detailed results of the vote for the election of directors are set out below.

In accordance with the Corporation’s articles, each Exchangeable Share was entitled to one vote per share, representing a 25% voting interest in the Corporation in the aggregate, and the Class B Shares were entitled to a total of 516,677,463 votes in the aggregate, representing a 75% voting interest in the Corporation.

The following is a summary of the votes cast by holders of Exchangeable Shares and Class B Shares, voting together as a single class, in regard to the election of the ten directors:

Director NomineeVotes For  %Votes Withheld  %
Jeffrey Blidner605,624,552 94.87%32,771,310 5.13%
Scott Cutler636,714,211 99.74%1,681,651 0.26%
Sarah Deasley638,062,186 99.95%333,676 0.05%
Nancy Dorn636,601,262 99.72%1,794,600 0.28%
Eleazar de Carvalho Filho628,522,051 98.45%9,873,811 1.55%
Randy MacEwen637,378,385 99.84%1,017,477 0.16%
David Mann632,822,237 99.13%5,573,623 0.87%
Lou Maroun635,894,947 99.61%2,500,914 0.39%
Stephen Westwell637,271,102 99.82%1,124,760 0.18%
Patricia Zuccotti636,735,086 99.74%1,660,775 0.26%


A summary of all votes cast by holders of the Exchangeable Shares and Class B Shares represented at the company’s annual meeting of shareholders is available on SEDAR at www.sedar.com.

Brookfield Renewable

Brookfield Renewable Corporation and Brookfield Renewable Partners L.P., together Brookfield Renewable, operate one of the world’s largest publicly traded, pure-play renewable power platforms. Our portfolio consists of hydroelectric, wind, solar and storage facilities in North America, South America, Europe and Asia, and totals approximately 21,000 megawatts of installed capacity and an approximately 69,000-megawatt development pipeline. Investors can access its portfolio either through Brookfield Renewable Partners L.P. (NYSE: BEP; TSX: BEP.UN), a Bermuda-based limited partnership, or Brookfield Renewable Corporation (NYSE, TSX: BEPC), a Canadian corporation. Further information is available at https://bep.brookfield.com. Important information may be disseminated exclusively via the website; investors should consult the site to access this information.

Brookfield Renewable is the flagship listed renewable power company of Brookfield Asset Management, a leading global alternative asset manager with over $725 billion of assets under management.

Contact information:
 
Media:Investors:
Simon MaineAngela O’Donnell
Managing Director – CommunicationsCoordinator – Investor Relations
+44 (0) 739 8 909 278(416) 359-8546
[email protected]
[email protected]

Exhibit 99.2

 

Brookfield RENEWABLE CORPORATION

 

REPORT OF VOTING RESULTS

 

Annual Meeting of Shareholders
June 14, 2022

 

National Instrument 51-102 – Section 11.3 (Canada)

 

The Annual Meeting of Shareholders of Brookfield Renewable Corporation (the “Corporation”) was held on Tuesday, June 14, 2022 at 9:00 a.m. in a virtual meeting format (the “Meeting”). At the Meeting, shareholders holding 131,235,824 class A exchangeable subordinate voting shares (“Exchangeable Shares”), representing 76.2% of the Corporation’s 172,225,821 issued and outstanding Exchangeable Shares on the record date for the Meeting, and 165 class B multiple voting shares (“Class B Shares”), representing 100% of the Corporation’s issued and outstanding Class B Shares on the record date for the Meeting, were represented in person or by proxy.

 

In accordance with the Corporation’s articles, each Exchangeable Share was entitled to one vote per share, representing a 25% voting interest in the Corporation, and the 165 Class B Shares were entitled to a total of 516,677,463 votes in the aggregate, representing a 75% voting interest in the Corporation.

 

The following is a summary of the votes cast by holders of the Exchangeable Shares and Class B Shares represented at the Meeting, voting together as a single class.

 

Election of Directors

 

All of the ten nominees proposed by management for election to the Board of Directors of the Corporation were nominated and elected at the Meeting by acclamation. As indicated below, each director elected at the Meeting also received a majority of the proxy votes cast for and withheld from voting for the individual director:

 

Director Nominee Votes For % Votes Withheld %
Jeffrey Blidner 605,624,552 94.87% 32,771,310 5.13%
Scott Cutler 636,714,211 99.74% 1,681,651 0.26%
Sarah Deasley 638,062,186 99.95% 333,676 0.05%
Nancy Dorn 636,601,262 99.72% 1,794,600 0.28%
Eleazar de Carvalho Filho 628,522,051 98.45% 9,873,811 1.55%
Randy MacEwen 637,378,385 99.84% 1,017,477 0.16%
David Mann 632,822,237 99.13% 5,573,623 0.87%
Lou Maroun 635,894,947 99.61% 2,500,914 0.39%
Stephen Westwell 637,271,102 99.82% 1,124,760 0.18%
Patricia Zuccotti 636,735,086 99.74% 1,660,775 0.26%

 

 

 

Appointment of Auditors

 

The resolution to reappoint Ernst & Young LLP, as the external auditor of the Corporation to hold office until the next Annual Meeting of Shareholders and to authorize the directors to fix the remuneration to be paid to the external auditor was approved by the majority of both the holders of Exchangeable Shares and Class B Shares, voting together as a single class:

 

Votes For % Votes Withheld %
647,257,926 99.90% 655,357 0.10%

 

 

Other Business

 

There were no other matters coming before the Meeting that required a vote by either the holders of Exchangeable Shares or Class B Shares.

 

Dated: June 14, 2022

 

  BROOKFIELD RENEWABLE CORPORATION
   
   
  By: /s/ Jennifer Mazin
   

Name: Jennifer Mazin

Title: General Counsel and Corporate Secretary

 

 

 



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