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BROOKFIELD RENEWABLE PARTNERS One of the largest publicly traded pure-play renewable power businesses globally with ~10,700 MW of installed capacity Predominantly hydroelectric portfolio – 88% of generation is from hydro, the highest quality renewable asset class with compelling operating attributes and total return profile Strong organic and acquisition opportunities supported by a conservative capital structure and liquidity to fund growth Experienced management team with proven track record – 17% compounded annualized return since 2011 Access to a leading asset management platform – origination of opportunities through Brookfield’s network and participation in Brookfield sponsored consortiums Largely contracted revenue streams (16 year weighted avg.) with market-based upside from recent investments Track Record Of Growth Overview Brookfield Renewable is a leading owner, operator and developer of renewable power generation facilities across North and South America and Europe. With more than 100 years of experience in the power sector, our portfolio today comprises $28 billion in assets under management. With a portfolio of high-quality assets, strong growth opportunities and a significant pipeline of development projects, the business is positioned to produce attractive long-term total returns with growing cash flows and distributions to shareholders. Quick Facts Investment Highlights Analyst Coverage Distributions Per Unit Exchanges NYSE: BEP TSX: BEP.UN Market Capitalization ~$9 billion Current Distribution $1.78 Per Unit Fully Diluted Units 296 million Distribution Growth Target 5-9% Annually Yield ~5.8% Unit Price $CAD 40.88 (TSX) $USD 31.16 (NYSE) Target Payout Ratio 70% of Funds from Operations 1 Amounts in $USD unless otherwise noted. Since Jan. 1, 2005 through Dec. 31, 2015 in local currency. Total return with dividends reinvested. INVESTOR FACT SHEET 2013 $0 $5,000 $10,000 $15,000 $20,000 $25,000 $30,000 $35,000 $40,000 S&P 500 S&P/TSX BREP (TSX) Barclays Ross Fowler BMO Nesbitt Burns Ben Pham CIBC World Markets Robert Catellier Credit Suisse Andrew Kuske Desjardins Securities Bill Cabel First Energy Ian Gillies Guggenheim Partners Sophie Karp IA Securities Jeremy Rosenfield Macquarie Capital (USA) Angie Storozynski National Bank Financial Rupert Merer Raymond James Frederic Bastien RBC Capital Markets Nelson Ng TD Securities Sean Steuart Veritas Darryl McCoubrey Value of $10,000 Invested $1.00 $1.10 $1.20 $1.30 $1.40 $1.50 $1.60 $1.70 $1.80 2016 2015 2014 2013 2012 2011

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Page 1: INVESTOR - Brookfield Renewable Partners/media/Files/B/Brookfield...BROOKFIELD RENEWABLE ENERGY PARTNERS Growth Drivers Rising power prices Approximately 90% of 2016 generation is

BROOKFIELD RENEWABLE PARTNERS

› One of the largest publicly traded pure-play renewable power businesses globally with ~10,700 MW of installed capacity

› Predominantly hydroelectric portfolio – 88% of generation is from hydro, the highest quality renewable asset class with compelling operating attributes and total return profile

› Strong organic and acquisition opportunities supported by a conservative capital structure and liquidity to fund growth

› Experienced management team with proven track record – 17% compounded annualized return since 2011

› Access to a leading asset management platform – origination of opportunities through Brookfield’s network and participation in Brookfield sponsored consortiums

› Largely contracted revenue streams (16 year weighted avg.) with market-based upside from recent investments

Track RecordOf Growth

OverviewBrookfield Renewable is a leading owner, operator and developer of renewable power generation facilities across North and South America and Europe. With more than 100 years of experience in the power sector, our portfolio today comprises $28 billion in assets under management.

With a portfolio of high-quality assets, strong growth opportunities and a significant pipeline of development projects, the business is positioned to produce attractive long-term total returns with growing cash flows and distributions to shareholders.

Quick Facts

Investment Highlights

Analyst CoverageDistributions Per Unit

ExchangesNYSE: BEPTSX: BEP.UN

Market Capitalization ~$9 billion

Current Distribution$1.78 Per Unit

Fully Diluted Units296 million

Distribution Growth Target5-9% Annually

Yield

~5.8%

Unit Price $CAD 40.88 (TSX)$USD 31.16 (NYSE)

Target Payout Ratio70% of Funds from Operations

1 Amounts in $USD unless otherwise noted.

Since Jan. 1, 2005 through Dec. 31, 2015 in local currency. Total return with dividends reinvested.

INVESTOR FACT SHEET

2013

$0

$5,000

$10,000

$15,000

$20,000

$25,000

$30,000

$35,000

$40,000

S&P 500S&P/TSXBREP (TSX)

Barclays Ross Fowler

BMO Nesbitt Burns Ben Pham

CIBC World Markets Robert Catellier

Credit Suisse Andrew Kuske

Desjardins Securities Bill Cabel

First Energy Ian Gillies

Guggenheim Partners Sophie Karp

IA Securities Jeremy Rosenfield

Macquarie Capital (USA) Angie Storozynski

National Bank Financial Rupert Merer

Raymond James Frederic Bastien

RBC Capital Markets Nelson Ng

TD Securities Sean Steuart

Veritas Darryl McCoubrey

Value of $10,000 Invested

$1.00

$1.10

$1.20

$1.30

$1.40

$1.50

$1.60

$1.70

$1.80

201620152014201320122011

Page 2: INVESTOR - Brookfield Renewable Partners/media/Files/B/Brookfield...BROOKFIELD RENEWABLE ENERGY PARTNERS Growth Drivers Rising power prices Approximately 90% of 2016 generation is

BROOKFIELD RENEWABLE ENERGY PARTNERS

Growth DriversRising power prices

Approximately 90% of 2016 generation is

contracted. The remaining 10% is sold in

liquid markets. Underwritten near cyclical

market lows, these assets produce attractive

short-term cash-on-cash returns with

significant upside tied to a recovery in natural

gas and power prices.

Organic development pipeline

Brookfield Renewable maintains a strategic

pipeline of hydro and wind development

projects. We plan to build approximately

1,000 MW of high value projects over the

next five years delivering premium returns.

Mergers and acquisitions

Over the last 10 years, Brookfield has

acquired ~6,500 MW of hydro and wind

power generating capacity. Acquisition-based

growth will allow us to continue to expand

in core markets and penetrate new markets

and technologies.

Margin enhancement Our contracted assets benefit from

contractual inflation protection which results

in margin enhancement and a real return

profile. With 260 facilities, the scale of our

operating platform allows us to operate and

integrate new assets with high efficiency and

at low cost.

CONTACTZev KormanSenior Vice President Investor RelationsTel: 416-359-1955Email: [email protected]

Map of Operations

This fact sheet contains forward-looking statements and information within the meaning of the Canadian provincial securities laws and other “forward looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, Section 21E of the U.S. Securities Exchange Act of 1934, as amended, “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and in any applicable Canadian securities regulations. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Forward-looking statements can be identified by the use of words such as “growing”, “target” and “expect” or variations of such words and phrases. Although Brookfield Renewable believes that such forward-looking statements and information are based upon reasonable assumptions and expectations, no assurance is given that such expectations will prove correct. The reader should not place undue reliance on forward-looking statements and information as such statements and information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Brookfield Renewable to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements and information. Except as required by law, Brookfield Renewable does not undertake any obligation to publicly update or revise any forward-looking statements or information, whether written or oral, that may be as a result of new information, future events or otherwise.

August 2016

Contracted90%

Uncontracted 10%

Wind11%

Other 1%

Hydro88%

Europe 5%

North America

65%

Colombia 15%

Brazil15%

HydroWind

Wind in constructionSolar / Wind

BiomassThermal

Stable CashFlow Profile

Geographic Diversification

Generationby Technology

United States

Brazil

Canada

Portugal

Republicof Ireland

United KingdomScotland & Northern Ireland

Colombia

*proportionate to Brookfield Renewable