Brookfield Renewable Reports Strong Third Quarter Results

All amounts in U.S. dollars unless otherwise indicatedSeptember 30September 30Brookfield Renewable reported FFO of $253 million in the quarter, or $1.29 per unit year-to-date, representing a 7% increase compared to the prior year. The results reflect strong operating activities as we benefit from our highly diversified operating platform, inflation indexed cash flows and development in-line with plan. After deducting non-cash depreciation and other expenses, our Net loss attributable to Unitholders for the three months ended September 30, 2023 was $64 million.(MILLIONS)
September 30September 30September 30September 30(MILLIONS)PROPORTIONATE RESULTS FOR THE THREE MONTHS ENDEDPROPORTIONATE RESULTS FOR THERECONCILIATION OF NON-IFRS MEASURESscale
solar& sustainable
solutionsThe following table reflects Adjusted EBITDA and provides a reconciliation from Net income (loss) to Adjusted EBITDA for the three months ended September 30, 2022:scale
solar& sustainable
solutionsRECONCILIATION OF NON-IFRS MEASURESscale
solar& sustainable
solutionsThe following table reflects Adjusted EBITDA and provides a reconciliation to net income (loss) to Adjusted EBITDA for the nine months ended September 30, 2022:scale
solar& sustainable
solutionsThe following table reconciles the non-IFRS financial metrics to the most directly comparable IFRS measures. Net income is reconciled to Funds From Operations:September 30September 30(MILLIONS)20232022
20232022
The following table reconciles the per Unit non-IFRS financial metrics to the most directly comparable IFRS measures. Net income per LP unit is reconciled to Funds From Operations:September 30September 30BROOKFIELD RENEWABLE CORPORATION REPORTSTHIRD QUARTER RESULTSSeptember 30September 30BEPC reported FFO of $151 million for the three months ended September 30, 2023 compared to $139 million in the prior year. After deducting non-cash depreciation, remeasurement of the BEPC exchangeable and class B shares, and other non-cash items our Net loss attributable to the partnership for the three months ended September 30, 2023 was $1,340 million.(MILLIONS)
(MILLIONS)September 30September 30(MILLIONS)September 30September 30RECONCILIATION OF NON-IFRS MEASURESSeptember 30September 30(MILLIONS)Cautionary Statement Regarding Forward-looking Statements
(GlobeNewsWire)