06:22 AM EDT, 03/11/2025 (MT Newswires) -- Brookfield Renewable (BEP-UN.TO, BEPC.TO) late on Monday said it will issue $450 million of Series 19 notes due Oct. 12, 2035.

The notes will bear interest at a rate of 4.542% per annum and will be issued by Brookfield Renewable subsidiary Brookfield Renewable Partners ULC.

The notes will represent Brookfield Renewable's 16th green labeled corporate securities issuance in North America.

Net proceeds from the sale of notes will be used to fund eligible investments under Brookfield Renewable's 2024 Green Financing Framework, including to repay debt incurred under the framework.

The issuance is expected to close on or about March 12, subject to customary closing conditions.