2020 Annual Report
https://www.sec.gov/Archives/edgar/data/1533232/...20annualreport.htm Highlights for the year include:
•Generated FFO of $807 million, a 6% increase from prior year, the highest FFO per unit ever for our business, led by strong asset availability and contributions from acquisitions; •Advanced key commercial priorities, including delivering on almost $40 million of cost saving initiatives, securing contracts to deliver 3,500 gigawatt hours of clean energy annually (which has the equivalent carbon avoidance of planting almost 30 million trees), and signing a number of strategic contracts with corporate offtakers; •Agreed to invest ~$4.6 billion (~$2.5 billion net to Brookfield Renewable) of equity across ten transactions, deploying capital in every major market we operate; •Completed the merger of TerraForm Power, consolidating our activities in North America and Europe; •Commissioned approximately 460 megawatts of new capacity and progressed close to 4,200 megawatts through construction and advanced-stage permitting; •Maintained a strong balance sheet and bolstered our liquidity, with over $3.3 billion of available liquidity, raising over $1 billion from asset recycling initiatives, closing $3.4 billion of investment-grade financings, and extending the average duration of our corporate debt from 10 to 14 years; and •Broadened our investor base with the creation of BEPC and through our addition to several U.S. and global indices.
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