Brookfield Renewable Energy Partners (BEP) Increases Ownership Stake in TerraForm Power (TERP)

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Brookfield Renewable Increases Ownership Stake in TerraForm Power

June 11, 2018 4:30 PM EDT

All amounts in U.S. dollars unless otherwise stated

Investment Highlights:

Brookfield Renewable, together with its institutional partners, acquired an additional 61 million shares in TerraForm Power in a private placementProceeds will support the funding of TerraForm Powers acquisition of Saeta Yield a high-quality, 1,028 megawatt European solar and wind portfolioExpected to be immediately accretive to unitholders, contributing approximately $80 million of incremental FFO annually to Brookfield Renewable Post funding, Brookfield Renewables available liquidity remains robust at $1.4 billion

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