Brookfield Renewable Unveils Strategic Restructuring Plan

Brookfield Renewable (BEPC) has released an update.

Brookfield Renewable Corporation has entered into an Arrangement Agreement with multiple entities including Brookfield Renewable Partners L.P. and a new corporation, with the aim of restructuring to qualify as a ‘mutual fund corporation’ under the Tax Act. The unanimous decision by the Board, supported by a fairness opinion, deems the arrangement to be in the best interests of the company and its stakeholders.

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