DBRS Finalizes Brookfield Renewable Power Preferred Equity Inc. Rating and Releases Report on Brookfield Renewable Power Fund

DBRS has today finalized the provisional rating of Pfd-3 (high), with a Stable trend, on the $250 million of 5.25% Preferred Shares, Series 1 issued by Brookfield Renewable Power Preferred Equity Inc. (Finco) and has released a report on Brookfield Renewable Power Fund (BRPF or the Fund). The Finco rating is based on the subordinated guarantee of the Fund.

Notes:
All figures are in Canadian dollars unless otherwise noted.

The Preferred Shares, Series 1 of Brookfield Renewable Power Preferred Equity Inc. are guaranteed by Brookfield Renewable Power Fund on a subordinated basis.

The applicable methodology is Rating Utilities (Electric, Pipelines & Gas Distribution), which can be found on our website under Methodologies.

This is a Corporate (Utilities & Independent Power) rating.