Brookfield Renewable Partners Down In US After Hours As Moves To Raise US$650 Million Through Equity Offering and Private Placement

Brookfield Renewable Partners (BEP-UN.TO, BEPC) is down 0.9% in after-hours trading as it plans to raise $650 million through a public equity offering and private placement. The company will issue partnership units for $450 million at $29.90 each, with Brookfield Corporation's subsidiaries purchasing $200 million in units. The funds will support investments in hydro, nuclear, and energy storage, including the Isagen acquisition. Closing is expected around Nov. 14, 2025, with a potential total of $718 million if the over-allotment option is fully exercised.