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Brookfield Renewable Corporation Shareholders Approve Proposed Corporate Simplification

Globe Newswire•14/10/2026•20:04 ET
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Key Highlights

  • ➤BEPC shareholders approve corporate simplification with required approvals obtained
  • ➤Approximately 70% of BEPC exchangeable-share votes favored the transaction
  • ➤BEP unitholders vote October 29, 2026, after meeting rescheduling
  • ➤Simplification expected to complete in fourth quarter 2026, pending court approval
  • ➤Transaction targets single-security liquidity, broader investor access, and simpler tax reporting

BROOKFIELD, NEWS, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Brookfield Renewable Partners L.P. (“BEP”) (NYSE: BEP; TSX: BEP.UN) and Brookfield Renewable Corporation (“BEPC”) (TSX, NYSE: BEPC) today announced that BEPC shareholders voted in favour of the resolution approving the proposed corporate structure simplification (the “Simplification”) at a special meeting held virtually earlier today (the “Shareholders’ Meeting”).

Brookfield Renewable also reminds BEP unitholders that the special meeting of unitholders of BEP (the “Unitholders’ Meeting”) will be held on October 29, 2026 at 11:00 a.m. EDT.

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