Sec Form 13D Filing - BROOKFIELD Corp filing for BROOKFIELD RENEWABLE PARTNERS (BEP) - 2023-06-20

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>

 

 

 

UNITED STATES 

SECURITIES AND EXCHANGE COMMISSION 

Washington, D.C. 20549

 

SCHEDULE 13D/A

 

Under the Securities Exchange Act of 1934 

(Amendment No. 6)

 

BROOKFIELD RENEWABLE PARTNERS L.P. 

(Name of Issuer)

 

Limited Partnership Units 

(Title of Class of Securities)

 

G16258108 

(CUSIP Number)

 

Swati Mandava 

Brookfield Corporation 

Brookfield Place 

181 Bay Street, Suite 100 

Toronto, Ontario M5J 2T3 

(416) 363-9491 

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

June 16, 2023 

(Date of Event Which Requires Filing of this Statement)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box ¨.

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

(Continued on following pages)

 

 

 

 

 

 

CUSIP No. G16258108 

             
1  

Names of Reporting Persons

BROOKFIELD CORPORATION

2  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a) ¨ (b) x — Joint Filing

3   SEC Use Only
4  

Source of Funds (See Instructions)

OO

5  

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)

¨

6  

Citizenship or Place of Organization

ONTARIO

             

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person

With

  7  

Sole Voting Power

0 LIMITED PARTNERSHIP UNITS

  8  

Shared Voting Power

313,199,460* LIMITED PARTNERSHIP UNITS

  9  

Sole Dispositive Power

0 LIMITED PARTNERSHIP UNITS

  10  

Shared Dispositive Power

313,199,460* LIMITED PARTNERSHIP UNITS

             
11  

Aggregate Amount Beneficially Owned by Each Reporting Person

313,199,460* LIMITED PARTNERSHIP UNITS

12  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

¨

13  

Percent of Class Represented by Amount in Row (11)

47.2%** OF THE OUTSTANDING LIMITED PARTNERSHIP UNITS

14  

Type of Reporting Person (See Instructions)

CO

 

* This amount includes 60,703,416 limited partnership units (“L.P. Units”) of Brookfield Renewable Partners L.P. (the “Issuer”),189,508,685 redeemable/exchangeable partnership units of Brookfield Renewable Energy L.P. (“BRELP”) beneficially owned by Brookfield Renewable Power Inc. (“BRPI”), 4,979,254 redeemable/exchangeable partnership units of BRELP held by Brookfield Energy Marketing L.P. (“BEMLP”), a wholly-owned subsidiary of Brookfield Corporation, 8,046,000 L.P. Units held by Brookfield Investments Corporation (“BIC”) and 5,148,270 L.P. Units acquired by a subsidiary of Brookfield Reinsurance Ltd. (“Brookfield Reinsurance”) in the private placement described in this Schedule 13D. This amount also includes class A exchangeable subordinate voting shares, no par value (the “BEPC Shares”) of Brookfield Renewable Corporation (“BEPC”) held as follows: 12,852,335 BEPC Shares held by BRPI, 28,961,500 BEPC Shares held by BIC, and 3,000,000 BEPC Shares held by BRPI Holdings Inc. (“BRPIH”), each of which is a subsidiary of Brookfield Corporation. See Items 3 and 5.
** As of June 16, 2023, there were approximately 288,781,449 L.P. Units outstanding. Percentage assumes that all of the outstanding 194,487,939 redeemable/exchangeable partnership units of BRELP and all of the outstanding 179,657,681 BEPC Shares are exchanged for L.P. Units (on a one-for-one basis). Assuming that only the redeemable/exchangeable partnership units of BRELP and BEPC Shares beneficially owned by BRPI, BIC, BRPIH and BEMLP, as applicable, are exchanged for L.P. Units (on a one-for-one basis), the percentage would be 59.3%. See Item 5.

 

 

 

 

CUSIP No. G16258108 

             
1  

Names of Reporting Persons

BAM PARTNERS TRUST

2  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a) ¨ (b) x — Joint Filing

3   SEC Use Only
4  

Source of Funds (See Instructions)

OO

5  

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)

¨

6  

Citizenship or Place of Organization

ONTARIO

             

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person

With

  7  

Sole Voting Power

0 LIMITED PARTNERSHIP UNITS

  8  

Shared Voting Power

313,199,460* LIMITED PARTNERSHIP UNITS

  9  

Sole Dispositive Power

0 LIMITED PARTNERSHIP UNITS

  10  

Shared Dispositive Power

313,199,460* LIMITED PARTNERSHIP UNITS

             
11  

Aggregate Amount Beneficially Owned by Each Reporting Person

313,199,460* LIMITED PARTNERSHIP UNITS

12  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

¨

13  

Percent of Class Represented by Amount in Row (11)

47.2%** OF THE OUTSTANDING LIMITED PARTNERSHIP UNITS

14  

Type of Reporting Person (See Instructions)

CO

 

* This amount includes 68,749,416 L.P. Units, 194,487,939 redeemable/exchangeable partnership units of BRELP and 44,813,835 BEPC Shares beneficially owned by Brookfield Corporation. This amount also includes 5,148,270 L.P. Units acquired by a subsidiary of Brookfield Reinsurance in the private placement described in this Schedule 13D. See Items 3 and 5.
** As of June 16, 2023, there were approximately 288,781,449 L.P. Units outstanding. Percentage assumes that all of the outstanding 194,487,939 redeemable/exchangeable partnership units of BRELP and all of the outstanding 179,657,681 BEPC Shares are exchanged for L.P. Units (on a one-for-one basis). Assuming that only the redeemable/exchangeable partnership units of BRELP and BEPC Shares beneficially owned by BRPI, BIC, BRPIH and BEMLP, as applicable, are exchanged for L.P. Units (on a one-for-one basis), the percentage would be 59.3%. See Item 5.

 

 

 

 

CUSIP No. G16258108 

             
1  

Names of Reporting Persons

BROOKFIELD RENEWABLE POWER INC.

2  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a) ¨ (b) x — Joint Filing

3   SEC Use Only
4  

Source of Funds (See Instructions)

OO

5  

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)

¨

6  

Citizenship or Place of Organization

ONTARIO

             

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person

With

  7  

Sole Voting Power

0 LIMITED PARTNERSHIP UNITS

  8  

Shared Voting Power

271,043,690* LIMITED PARTNERSHIP UNITS

  9  

Sole Dispositive Power

0 LIMITED PARTNERSHIP UNITS

  10  

Shared Dispositive Power

271,043,690* LIMITED PARTNERSHIP UNITS

             
11  

Aggregate Amount Beneficially Owned by Each Reporting Person

271,043,690* LIMITED PARTNERSHIP UNITS

12  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

¨

13  

Percent of Class Represented by Amount in Row (11)

40.9%** OF THE OUTSTANDING LIMITED PARTNERSHIP UNITS

14  

Type of Reporting Person (See Instructions)

CO

 

* This amount includes 60,703,416 L.P. Units and 189,508,685 redeemable/exchangeable partnership units of BRELP beneficially owned by BRPI. This amount also includes 12,852,335 BEPC Shares held by BRPI, 4,979,254 redeemable/exchangeable partnership units of BEMLP and 3,000,000 BEPC Shares held by BRPIH.  See Items 3 and 5.
** As of June 16, 2023, there were approximately 288,781,449 L.P.  L.P. Units outstanding. Percentage assumes that all of the outstanding 194,487,939 redeemable/exchangeable partnership units of BRELP and all of the outstanding 179,657,681 BEPC Shares are exchanged for L.P. Units (on a one-for-one basis). Assuming that only the redeemable/exchangeable partnership units of BRELP and BEPC Shares beneficially owned by BRPI, BRIPH and BEMLP are exchanged for L.P. Units (on a one-for-one basis), the percentage would be 54.3%. See Item 5.

 

 

 

 

CUSIP No. G16258108 

             
1  

Names of Reporting Persons

BROOKFIELD INVESTMENTS CORPORATION

2  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a) ¨ (b) x — Joint Filing

3   SEC Use Only
4  

Source of Funds (See Instructions)

OO

5  

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)

¨

6  

Citizenship or Place of Organization

ONTARIO

             

Number of Shares Beneficially Owned by Each Reporting Person

With

  7  

Sole Voting Power

0 LIMITED PARTNERSHIP UNITS

  8  

Shared Voting Power

37,007,500* LIMITED PARTNERSHIP UNITS

  9  

Sole Dispositive Power

0 LIMITED PARTNERSHIP UNITS

  10  

Shared Dispositive Power

37,007,500* LIMITED PARTNERSHIP UNITS

             
11  

Aggregate Amount Beneficially Owned by Each Reporting Person

37,007,500* LIMITED PARTNERSHIP UNITS

12  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

¨

13  

Percent of Class Represented by Amount in Row (11)

5.6%** OF THE OUTSTANDING LIMITED PARTNERSHIP UNITS

14  

Type of Reporting Person (See Instructions)

CO

 

* This amount includes 8,046,000 L.P. Units and 28,961,500 BEPC Shares held by BIC. See Items 3 and 5.
** As of June 16, 2023, there were approximately 288,781,449 L.P. Units outstanding. Percentage assumes that all of the outstanding 194,487,939 redeemable/exchangeable partnership units of BRELP and all of the outstanding 179,657,681 BEPC Shares are exchanged for L.P. Units (on a one-for-one basis). Assuming that only the BEPC Shares beneficially owned by BIC are exchanged for L.P. Units (on a one-for-one basis), the percentage would be 11.65%. See Item 5.

 

 

 

 

Explanatory Note

 

This Amendment No. 6 (this “Amendment No. 6”) to Schedule 13D is being filed by Brookfield Corporation (“Brookfield”) (f/k/a Brookfield Asset Management Inc.), BAM Partners Trust, a trust established under the laws of the Province of Ontario (the “BAM Partnership”), Brookfield Renewable Power Inc. (“BRPI”) and Brookfield Investments Corporations (“BIC,” and collectively with Brookfield, Partners, and BRPI, the “Reporting Persons”) to reflect, among other things, (i) the removal of Partners Limited (“Partners”) as a Reporting Person, (ii) the addition of BAM Partners Trust as a Reporting Person, and (iii) the closing on June 16, 2023 of the previously announced equity offerings of (x) limited partnership units (“L.P. Units”) of Brookfield Renewable Partners L.P. (the “Issuer”) (the “BEP Public Offering”), (y) class A exchangeable subordinate voting shares, no par value (the “BEPC Shares”), of Brookfield Renewable Corporation (“BEPC”) (the “BEPC Public Offering”) and (z) the private placement of L.P. Units (the “Private Placement” and together with the BEP Public Offering and the BEPC Public Offering, the “Offerings”) to a subsidiary of Brookfield Reinsurance Ltd. (“Brookfield Reinsurance”).

 

Information and defined terms reported in the original Schedule 13D, as amended, remains in effect except to the extent that it is amended or superseded by information contained in this Amendment No. 6.

 

Item 2. Identity and Background.

 

The BAM Partnership shall be deemed a “Reporting Person” and Partners shall not be deemed to be a “Reporting Person” for purposes of this Schedule 13D, as amended hereby. The Reporting Persons are making this single, joint filing because they may be deemed to constitute a “group” within the meaning of Section 13(d)(3) of the Act. The agreement among the Reporting Persons to file this Schedule 13D jointly (the “Joint Filing Agreement”) is attached hereto as Exhibit 9.

 

Item 2(a) of the original Schedule 13D is hereby amended to remove references to Partners and supplemented as follows:

 

(ii) BAM Partners Trust (the “BAM Partnership”), a trust formed under the laws of the Province of Ontario. The trustee of the BAM Partnership is BAM Class B Partners Inc., an Ontario corporation (“BAM Partners”). In accordance with the previous announcement in Brookfield’s management information circular dated April 27, 2020, Partners closed the transfer of 85,120 class B limited voting shares of Brookfield (the “BAM Class B Shares”) on April 6, 2021, representing 100% of such shares, to the BAM Partnership. The BAM Class B Shares entitle the holders thereof to appoint one half of the board of directors of Brookfield.

 

Items 2(b) and (f) of the original Schedule 13D is hereby amended to remove references to Partners, including the schedules of directors and officers thereof, and supplemented as follows:

 

BAM Partners is the trustee of the BAM Partnership, and the principal business address of BAM Partners and the BAM Partnership is Brookfield Place, 181 Bay Street, Suite 100, P.O. Box 762, Toronto, Ontario M5J 2T3, Canada.

 

Schedules I, III and IV to this Amendment No. 6 sets forth a list of updated names of directors and executive officers of Brookfield, (to be included as “Scheduled Persons” for purposes of this Schedule 13D), and their respective principal occupations, addresses, and citizenships.

 

Schedule II to this Amendment No. 6 sets forth a list of all of the directors and officers (to be included as “Scheduled Persons” for purposes of this Schedule 13D) of BAM Partners, as trustee of the BAM Partnership, and their respective principal occupations, addresses, and citizenships.

 

 

 

 

Item 2(d)-(e) of the original Schedule 13D is hereby amended to remove reference to Partners and supplemented as follows:

 

During the last five years, none of Reporting Persons and, to their respective knowledge, none of the Scheduled Persons, has been: (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors); or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which, he, she or it was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

 

Item 3. Source and Amount of Funds or Other Consideration.

 

The information in Item 4 of this Amendment No. 6 is incorporated herein by reference.

 

Item 4. Purpose of Transaction.

 

Item 4 of the original Schedule 13D is hereby supplemented as follows:

 

In connection with the Offerings, the Issuer issued a total of 13,348,270 L.P. Units (which includes 5,148,270 L.P. Units issued to BAM Re Holdings in the Private Placement) and BEPC issued a total of 7,430,000 BEPC Shares. As a result of the increase in outstanding L.P. Units and BEPC Shares, the aggregate percentage of L.P. Units beneficially owned by the Reporting Persons as previously reported on Schedule 13D decreased. In addition, a total of 1,230,000 L.P. Units and a total of 1,110,000 BEPC Shares may be issued in connection with the over-allotment option granted to the underwriters in the BEP Public Offering and the BEPC Public Offering and exercisable in whole or in part withing a period of 30 days following closing of the BEP Public Offering and the BEPC Public Offering.

 

In connection with the Private Placement, on June 16, 2023, a subsidiary of Brookfield Reinsurance purchased 5,148,270 L.P. Units at $29.136 per unit, representing approximately 0.8% of the L.P. Units on a fully-exchanged basis (or approximately 1.8% of the issued and outstanding L.P. Units).

 

Brookfield Reinsurance and its subsidiaries have entered into investment management agreements (“Investment Management Agreements”) appointing one or more affiliates of Brookfield Asset Management ULC, a subsidiary of Brookfield, as the investment manager of certain assets and accounts of Brookfield Reinsurance and its subsidiaries, including assets backing the liabilities assumed by Brookfield Reinsurance and its subsidiaries under their respective insurance and reinsurance arrangements, and any assets held as surplus. The L.P. Units acquired by the subsidiary of Brookfield Reinsurance in the Private Placement may in the future be transferred to one or more accounts of Brookfield Reinsurance and its subsidiaries subject to an Investment Management Agreement, in which case Brookfield, in its capacity as investment manager to pursuant to such investment management agreement, may exercise control or direction over such L.P. Units.

 

Each of the Reporting Persons directly holding L.P. Units, BEPC Shares and/or redeemable/exchangeable partnership units of BRELP expressly disclaims, to the extent permitted by applicable law, beneficial ownership of any shares of such securities held by each of the other Reporting Persons.

 

 

 

 

Item 5. Interest in Securities of the Issuer.

 

Item 5(a)-(c) of Schedule 13D is hereby amended and restated as follows:

 

(a)-(b) The aggregate number and percentage of L.P. Units of the Issuer held by the Reporting Persons to which this Schedule 13D relates is 313,199,460 L.P. Units, constituting approximately 47.2% of the Issuer’s currently outstanding L.P. Units. The percentage of L.P. Units of the Issuer in this Item 5 is based on an aggregate number of L.P. Units of 288,781,449 outstanding as of June 16, 2023 and assumes that all of the outstanding 194,487,939 redeemable/exchangeable partnership units of BRELP and all of the outstanding 179,567,681 BEPC Shares are exchanged for L.P. Units (on a one-for-one basis).

 

(i) Brookfield

 

  a. Brookfield may be deemed the beneficial owner of 313,199,460* L.P. Units, constituting a percentage of approximately 47.2%**.

 

  b. Sole voting power to vote or direct vote: 0 L.P. Units

 

Shared voting power to vote or direct vote: 313,199,460* L.P. Units

 

Sole power to dispose or direct the disposition: 0 L.P. Units

 

Shared power to dispose or direct the disposition: 313,199,460* L.P. Units

 

* This amount includes 60,703,416 L.P. Units and 189,508,685 redeemable/exchangeable partnership units of BRELP beneficially owned by BRPI, 4,979,254 redeemable/exchangeable partnership units of BRELP beneficially owned by BEMLP, 8,046,000 L.P. Units held by BIC and 5,148,270 L.P. Units acquired by a subsidiary of Brookfield Reinsurance in the Private Placement. This amount also includes BEPC Shares held as follows: 12,852,335 BEPC Shares held by BRPI, 3,000,000 BEPC Shares held by BRPIH, and 28,961,500 BEPC Shares held by BIC. BRPI, BIC, BRIPH and BEMLP are each a subsidiary of Brookfield.

 

** Assuming that only the redeemable/exchangeable partnership units of BRELP and BEPC Shares beneficially owned by BRPI, BIC, BRPIH and BEMLP, as applicable, are exchanged for L.P. Units (on a one-for-one basis), the percentage would be 59.3%.

 

         
(ii)   BAM Partnership
     
    a.   BAM Partnership may be deemed the beneficial owner of 313,199,460* L.P., constituting a percentage of approximately 47.2%**
     
    b.  

Sole voting power to vote or direct vote: 0 L.P. Units

Shared voting power to vote or direct vote: 313,199,460* L.P. Units

Sole power to dispose or direct the disposition: 0 L.P. Units

Shared power to dispose or direct the disposition: 313,199,460* L.P. Units

 

* This amount includes 68,749,416 L.P. Units, 194,487,939 redeemable/exchangeable partnership units of BRELP and 44,813,835 BEPC Shares beneficially owned by Brookfield. This amount also includes 5,148,270 L.P. Units acquired by a subsidiary of Brookfield Reinsurance in the private placement described in this Schedule 13D.

 

** Assuming that only the redeemable/exchangeable partnership units of BRELP and BEPC Shares beneficially owned by Brookfield are exchanged for L.P. Units (on a one-for-one basis), the percentage would be 59.3%.

 

 

 

 

         
(iii)   BRPI
     
    a.   BRPI may be deemed the beneficial owner of 271,043,690* L.P. Units, constituting a percentage of approximately 40.9%**
     
    b.  

Sole voting power to vote or direct vote: 0 L.P. Units

Shared voting power to vote or direct vote: 271,043,690* L.P. Units

Sole power to dispose or direct the disposition: 0 L.P. Units

Shared power to dispose or direct the disposition: 271,043,690* L.P. Units

 

* This amount includes 60,703,416 L.P. Units and 189,508,685 redeemable/exchangeable partnership units of BRELP beneficially owned by BRPI. This amount also includes 12,852,335 BEPC Shares held by BRPI, 4,979,254 redeemable/exchangeable partnership units of BEMLP and 3,000,000 BEPC Shares held by BRPIH.

 

** Assuming that only the redeemable/exchangeable partnership units of BRELP and BEPC Shares beneficially owned by BRPI are exchanged for L.P. Units (on a one-for-one basis), the percentage would be 54.3%.

 

         
(iv)   BIC
     
    a.   BIC may be deemed the beneficial owner of 37,007,500* L.P. Units, constituting a percentage of approximately 5.6%**

 

    b.  

Sole voting power to vote or direct vote: 0 L.P. Units

Shared voting power to vote or direct vote: 37,007,500* L.P. Units

Sole power to dispose or direct the disposition: 0 L.P. Units

Shared power to dispose or direct the disposition: 37,007,500* L.P. Units

 

* This amount includes 8,046,000 L.P. Units and 28,961,500 BEPC Shares held by BIC.

 

** Assuming that only the BEPC Shares held by BIC are exchanged for L.P. Units (on a one-for-one basis), the percentage would be 11.65%.

 

(c) Other than the transactions described in this Amendment No. 6, there have been no transactions by the Reporting Persons in the L.P. Units during the past 60 days.

 

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

 

Item 6 of the Schedule 13D is hereby supplemented as follows:

 

The information set forth in Item 3 of this Amendment No. 6 is hereby incorporated by reference.

 

Item 7. Materials to be Filed as Exhibits.

 

Item 7 of the original Schedule 13D is hereby amended to add the following exhibit:

 

Exhibit 9   Joint Filing Agreement, dated June 20, 2023

 

 

 

 

SIGNATURES

 

After reasonable inquiry and to the best of the undersigned’s knowledge and belief, each of the undersigned certifies as to itself that the information set forth in this statement is true, complete and correct.

 

Dated: June 20, 2023

 

     
  BROOKFIELD CORPORATION
     
  By: /s/ Swati Mandava
    Name: Swati Mandava
    Title: Managing Director, Legal and Regulatory
   
  BAM PARTNERS TRUST, by its trustee, BAM CLASS B PARTNERS INC.
     
  By: /s/ Kathy Sarpash
    Name: Kathy Sarpash
    Title: Secretary
   
  BROOKFIELD RENEWABLE POWER INC.
     
  By: /s/ Jennifer Mazin
    Name: Jennifer Mazin
    Title: General Counsel and Corporate Secretary
   
  BROOKFIELD INVESTMENTS CORPORATION
     
  By: /s/ Kathy Sarpash
    Name: Kathy Sarpash
    Title: Senior Vice-President, General Counsel and Secretary

 

 

 

 

SCHEDULE I

 

BROOKFIELD CORPORATION

 

Name and Position of
Officer or Director
  Principal Business Address   Principal
Occupation
or
Employment
  Citizenship
M. Elyse Allan,
Director
  181 Bay Street, Suite 100, Toronto, Ontario M5J 2T3, Canada   Corporate Director   U.S.A. and Canada
Jeffrey M. Blidner,
Director and Vice Chair
  181 Bay Street, Suite 100, Toronto, Ontario M5J 2T3, Canada   Vice Chair, Brookfield Corporation   Canada
Angela F. Braly,
Director
  832 Alverna Drive, Indianapolis, Indiana 46260 U.S.A.   Corporate Director   U.S.A.
Jack L. Cockwell,
Director
  51 Yonge Street, Suite 400, Toronto, Ontario M5E 1J1, Canada   Chair, Brookfield Partners Foundation   Canada
Maureen Kempston Darkes,
Director
  181 Bay Street, Suite 100, Toronto, Ontario M5J 2T3, Canada   Corporate Director   Canada
Janice Fukakusa,
Director
  181 Bay Street, Suite 100, Toronto, Ontario M5J 2T3, Canada   Corporate Director   Canada
Bruce Flatt,
Director and Officer
  181 Bay Street, Suite 100, Toronto, Ontario M5J 2T3, Canada   Chief Executive Officer, Brookfield Asset Management Ltd. and Brookfield Corporation   Canada
Brian D. Lawson,
Director and Vice Chair
  181 Bay Street, Suite 100, Toronto, Ontario M5J 2T3, Canada   Vice Chair, Brookfield Corporation   Canada
Howard S. Marks,
Director
  Oaktree Capital Management, L.P., 333 S. Grand Avenue, 28th Floor, Los Angeles, CA 90071, U.S.A.   Co-Chairman, Oaktree Capital Management Inc.   U.S.A.
The Honourable Frank J. McKenna,
Director
  TDCT Tower
161 Bay Street, 35th Floor
Toronto, Ontario
M5J 2T2, Canada
  Chair of Brookfield Corporation and Deputy Chair of TD Bank Group, Wholesale   Canada
Rafael Miranda,
Director
  C/Santiago de Compostela 100 28035 Madrid, Spain   Corporate Director   Spain
Lord Augustine Thomas O’Donnell,
Director
  181 Bay Street, Suite 100, Toronto, Ontario M5J 2T3, Canada   Corporate Director   Canada
Hutham S. Olayan,
Director
  250 Vesey Street, 15th Floor, New York, NY 10281-1023, U.S.A.   Chair of The Olayan Group   U.S.A. and Saudi Arabia
Diana L. Taylor,
Director
  c/o Bloomberg, Philanthropies, 25 East 78th Street, New York, N.Y. 10075   Corporate Director   U.S.A. and Canada
Nicholas H. Goodman,
Managing Partner, President and Chief Financial Officer
  181 Bay Street, Suite 100
Toronto, Ontario
M5J 2T3, Canada
  President and Chief Financial Officer, Brookfield Corporation   United Kingdom

 

 

 

 

SCHEDULE II

 

BAM PARTNERS TRUST

 

Name and Position of

Officer or Director

 

Principal Business

Address

 

Principal Occupation or

Employment

  Citizenship

Jack L. Cockwell,

Director and Vice President

  51 Yonge Street, Suite 400 Toronto, Ontario M5E 1J1, Canada   Chair, Brookfield Partners Foundation   Canada
Bruce Flatt,
Director
  181 Bay Street, Suite 100, Toronto, Ontario M5J 2T3, Canada   Chief Executive Officer, Brookfield Asset Management Ltd. and Brookfield Corporation   Canada

Brian D. Lawson,

Director and President

  181 Bay Street, Suite 100, Toronto, Ontario M5J 2T3, Canada   Vice Chair, Brookfield   Canada

Kathy Sarpash,

Secretary

  181 Bay Street, Suite 100, Toronto, Ontario M5J 2T3, Canada   Managing Director, Brookfield Asset Management Ltd.   Canada

 

 

 

 

 

SCHEDULE III

 

BROOKFIELD RENEWABLE POWER INC.

 

Name and Position of Officer or Director   Principal Business Address  

Principal Occupation or

Employment

  Citizenship
Douglas Christie, Director   Brookfield Corporation, 181 Bay Street, Brookfield Place, Suite 100, Toronto, Ontario M5J 2T3, Canada   Managing Director, Brookfield   Canada
       
Julian Deschatelets, Director   Brookfield Corporation, 181 Bay Street, Brookfield Place, Suite 100, Toronto, Ontario M5J 2T3, Canada   Managing Director, Brookfield   Canada
       
Wyatt Hartley, Director and Chief Financial Officer   Brookfield Corporation, 181 Bay Street, Brookfield Place, Suite 100, Toronto, Ontario M5J 2T3, Canada   Managing Partner, Brookfield   Canada
       
Jennifer Mazin, Director, General Counsel and Corporate Secretary   Brookfield Corporation, 181 Bay Street, Brookfield Place, Suite 100, Toronto, Ontario M5J 2T3, Canada   Managing Partner, Brookfield   Canada
       
Connor Teskey, President and Chief Executive Officer   One Canada Square, Level 25, Canary Wharf, London, E14 5AA United Kingdom   Managing Partner, Chief Executive Officer Renewable Power, Brookfield   Canada
       

 

 

 

 

SCHEDULE IV

 

BROOKFIELD INVESTMENTS CORPORATION

 

Name and Position of Officer or Director   Principal Business
Address
 

Principal

Occupation or

Employment

  Citizenship
Timothy Lai, Vice-President and Controller   181 Bay Street, Suite 100, Toronto, Ontario M5J 2T3, Canada   Manager, Finance   Canada
       
Edward C. Kress, Director, Chairman and President   181 Bay Street, Suite 100, Toronto, Ontario M5J 2T3, Canada   Corporate Director   Canada
       
Frank N.C. Lochan, Director   181 Bay Street, Suite 100, Toronto, Ontario M5J 2T3, Canada   Corporate Director   Canada
       
George E. Myhal, Director   181 Bay Street, Suite 100, Toronto, Ontario M5J 2T3, Canada   Corporate Director   Canada
       
Kathy Sarpash, Senior Vice-President, General Counsel and Secretary   181 Bay Street, Suite 100, Toronto, Ontario M5J 2T3, Canada   Managing Director, Legal & Regulatory   Canada
       
Patrick Taylor, Senior Vice-President & Chief Financial Officer   181 Bay Street, Suite 100, Toronto, Ontario M5J 2T3, Canada   Managing Director   Canada
             
Danesh K. Varma, Director  

One Canada Square, Level 25

Canary Wharf, London E14 5AA U.K.

  Corporate Director   United Kingdom