Company Description (as filed with the SEC)
Brookfield Renewable owns one of the world’s largest, publicly-traded, pure-play renewable power portfolios with approximately 5,900 MW of installed capacity. The portfolio includes 196 hydroelectric generating stations on 70 river systems and 11 wind facilities. Our portfolio is diversified across 12 power markets in Canada, the United States and Brazil, providing significant geographic and operational diversification. Our objective is to pay a distribution to our LP Unitholders that is sustainable on a long-term basis while retaining within our operations sufficient liquidity for recurring growth capital expenditures and general purposes. We currently have a target payout ratio of approximately 60% to 70% of funds from operations, which we believe will leave us with approximately $100 million of available cash per year to further invest in accretive projects or acquisitions. ... More ...