Sec Form 13D Filing - Brookfield Corp filing for BROOKFIELD RENEWABLE CORP (BEPC) - 2021-02-17

Insider filing report for Changes in Beneficial Ownership

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  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

SCHEDULE 13D/A

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

 

 

Brookfield Renewable Corporation

(Name of Issuer)

class A exchangeable subordinate voting shares, no par value

(Title of Class of Securities)

11284V105

(CUSIP Number)

Justin B. Beber

Brookfield Asset Management Inc.

Brookfield Place

181 Bay Street, Suite 300

Toronto, Ontario M5J 2T3

(416) 363-9491

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

February 16, 2021

(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 that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  ☐

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

 

 

 


CUSIP No. 11284V105

 

  1    

  NAMES OF REPORTING PERSONS

 

  BROOKFIELD ASSET MANAGEMENT INC.

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  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

     8   

  SHARED VOTING POWER

 

  44,813,835(1)

     9   

  SOLE DISPOSITIVE POWER

 

  0

   10   

  SHARED DISPOSITIVE POWER

 

  44,813,835(1)

11    

  AGGREGA TE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  44,813,835(1)

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)

 

  26.0%(2)(3)

14  

  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

  CO

 

(1)

This amount includes class A exchangeable subordinate voting shares, no par value (the “Class A Shares”) of Brookfield Renewable Corporation (the “Issuer”) held as follows: 14,858,019 Class A Shares held by Brookfield Renewable Power Inc., 28,961,500 Class A Shares held by Brookfield Investments Corporation and 994,316 Class A Shares held by BREP Holding L.P., each of which is a subsidiary of Brookfield Asset Management Inc.

(2)

Percentage ownership is based on an aggregate number of outstanding Class A Shares of 172,201,415 as of February 16, 2021.

(3)

Brookfield Renewable Partners L.P. and its affiliates beneficially own all of the issued and outstanding class B multiple voting shares of the Issuer, which represent a 75% voting interest in the Issuer. Together, Brookfield Asset Management Inc. and Brookfield Renewable Partners L.P. hold an approximate 81.5% voting interest in the Issuer.


CUSIP No. 11284V105

 

  1    

  NAMES OF REPORTING PERSONS

 

  PARTNERS LIMITED

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  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

     8   

  SHARED VOTING POWER

 

  44,813,835(4)

     9   

  SOLE DISPOSITIVE POWER

 

  0

   10   

  SHARED DISPOSITIVE POWER

 

  44,813,835(4)

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  44,813,835(4)

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)

 

  26.0%(5)

14  

  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

  CO

 

(4)

Includes 44,813,835 Class A Shares beneficially owned by Brookfield Asset Management Inc.

(5)

Percentage ownership is based on an aggregate number of outstanding Class A Shares of 172,201,415 as of February 16, 2021.


CUSIP No. 11284V105

 

  1    

  NAMES OF REPORTING PERSONS

 

  BROOKFIELD RENEWABLE POWER INC.

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  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

     8   

  SHARED VOTING POWER

 

  15,852,335(6)

     9   

  SOLE DISPOSITIVE POWER

 

  0

   10   

  SHARED DISPOSITIVE POWER

 

  15,852,335(6)

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  15,852,335(6)

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)

 

  9.2%(7)

14  

  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

  CO

 

(6)

Includes 994,316 Class A Shares beneficially owned by BREP Holding L.P., a subsidiary of Brookfield Renewable Power Inc.

(7)

Percentage ownership is based on an aggregate number of outstanding Class A Shares of 172,201,415 as of February 16, 2021.


CUSIP No. 11284V105

 

  1    

  NAMES OF REPORTING PERSONS

 

  BROOKFIELD INVESTMENTS CORPORATION

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  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

     8   

  SHARED VOTING POWER

 

  28,961,500

     9   

  SOLE DISPOSITIVE POWER

 

  0

   10   

  SHARED DISPOSITIVE POWER

 

  28,961,500

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  28,961,500

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)

 

  16.8%(8)

14  

  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

  CO

 

(8)

Percentage ownership is based on an aggregate number of outstanding C lass A Shares of 172,201,415 as of February 16, 2021.


CUSIP No. 11284V105

 

  1    

  NAMES OF REPORTING PERSONS

 

  BROOKFIELD RENEWABLE PARTNERS LIMITED

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  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

 

  BERMUDA

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7     

  SOLE VOTING POWER

 

  0

     8   

  SHARED VOTING POWER

 

  0

     9   

  SOLE DISPOSITIVE POWER

 

  0

   10   

  SHARED DISPOSITIVE POWER

 

  0

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0

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)

 

  0%

14  

  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

  CO

 


CUSIP No. 11284V105

 

  1    

  NAMES OF REPORTING PERSONS

 

  BROOKFIELD RENEWABLE PARTNERS L.P.

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  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

 

  BERMUDA

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7     

  SOLE VOTING POWER

 

  0

     8   

  SHARED VOTING POWER

 

  0

     9   

  SOLE DISPOSITIVE POWER

 

  0

   10   

  SHARED DISPOSITIVE POWER

 

  0

11    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0

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)

 

  0%(9)

14  

  TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

  PN

 

(9)

Brookfield Renewable Partners L.P. and its affiliates beneficially owns all of the issued and outstanding class B multiple voting shares of the Issuer, which represent a 75% voting interest in the Issuer. Together, Brookfield Asset Management Inc. and Brookfield Renewable Partners L.P. hold an approximate 81.5% voting interest in the Issuer.


Explanatory Note

This Amendment No. 2 (this “Amendment No. 2”) to Schedule 13D is being filed to by Brookfield Asset Management Inc. (“Brookfield”), Partners Limited (“Partners”), Brookfield Renewable Power Inc. (“BRPI”), Brookfield Investments Corporation (“BIC”), Brookfield Renewable Partners L.P. (“BEP”) and Brookfield Renewable Partners Limited (“BRPL,” and collectively with Brookfield, Partners, BRPI, BIC and BEP, the “Reporting Persons”) to reflect the closing on February 16, 2021 of the previously announced secondary offering (the “Offering”) by BIC, BPY Holdings Inc. (“BPYH”), BPY Canada Investor Inc. (“BPYCI”), Brookfield International Limited (“BIL”), Brookfield Holdings (Alberta) Limited (“BHAL”), and Brookfield Financial Real Estate Holdings Inc. (“BFREH,” and collectively with BIC, BPYH, BPYCI, BIL and BHAL, the “Selling Shareholders”), each a subsidiary of Brookfield, of an aggregate of 15,000,000 class A exchangeable subordinate voting shares, no par value (“Class A Shares”) of Brookfield Renewable Corporation (the “Issuer”).

Information and defined terms reported in the original Schedule 13D remain in effect except to the extent that it is amended or superseded by information or defined terms contained in this Amendment No. 2.

Item 2. Identity and Background.

Item 2 of the original Schedule 13D is hereby amended and supplemented as follows:

Schedules I, II, III, IV and V hereto set forth updated names of directors and executive officers of Brookfield, Partners, BRPI, BIC, and BRPL (to be included as Scheduled Persons), respectively, and their respective principal occupations, addresses, and citizenships.

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

Item 3 of the original Schedule 13D is hereby amended and supplemented as follows:

On February 10, 2021, the Selling Shareholders, BRPI, BREP Holding L.P., BEP and the Issuer entered into an Underwriting Agreement (the “Underwriting Agreement”) with the underwriters party thereto (the “Underwriters”), pursuant to which the Selling Shareholders agreed to sell an aggregate of 15,000,000 Class A Shares to the Underwriters for an aggregate gross purchase price of $772,500,000, or $51.50 per Class A Share. In addition, BIC has granted the Underwriters an option to purchase an additional 2,250,000 Class A Shares at the same price as the sales made in the Offering, which option is exercisable until March 18, 2021. The Offering closed on February 16, 2021.

The foregoing description of the Underwriting Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Underwriting Agreement, which is incorporated by reference as Exhibit 99.7.

Item 4. Purpose of Transaction.

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

The information set forth in Item 3 of this Amendment No. 2 is hereby incorporated by reference.

Item 5. Interest in Securities of the Issuer.

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

(a)-(b) The aggregate number and percentage of Class A Shares of the Issuer held by the Reporting Persons to which this Schedule 13D relates is 44,813,835 shares, constituting 26.0% of the Issuer’s currently outstanding Class A shares. The percentage of Class A Shares of the Issuer is based on an aggregate number of Class A Shares of the Issuer of 172,201,415 outstanding as of February 16, 2021.


(i) Brookfield

 

  a.

Brookfield may be deemed the beneficial owner of 44,813,835* Class A Shares, constituting a percentage of approximately 26.0%

 

  b.

Sole voting power to vote or direct vote: 0 Class A Shares

Shared voting power to vote or direct vote: 44,813,835* Class A Shares

Sole power to dispose or direct the disposition: 0 Class A Shares

Shared power to dispose or direct the disposition: 44,813,835* Class A Shares

 

*

Includes 14,858,019 Class A Shares held by BRPI, 28,961,500 Class A Shares held by BIC and 994,316 Class A Shares held by BREP Holding L.P. (“BREPH”). The general partner of BREPH is BRP Bermuda GP Limited (“BRP Bermuda”). BRPI, BIC, BREPH and BRP Bermuda are each a subsidiary of Brookfield.

(ii) Partners

 

  a.

Partners may be deemed the beneficial owner of 44,813,835* Class A Shares, constituting a percentage of approximately 26.0%

 

  b.

Sole voting power to vote or direct vote: 0 Class A Shares

Shared voting power to vote or direct vote: 44,813,835* Class A Shares

Sole power to dispose or direct the disposition: 0 Class A Shares

Shared power to dispose or direct the disposition: 44,813,835* Class A Shares

 

*

This amount includes 44,813,835 Class A Shares beneficially owned by Brookfield.

(iii) BRPI

 

  a.

BRPI may be deemed the beneficial owner of 15,852,335* Class A Shares, constituting a percentage of approximately 9.2%

 

  b.

Sole voting power to vote or direct vote: 0 Class A Shares

Shared voting power to vote or direct vote: 15,852,335* Class A Shares

Sole power to dispose or direct the disposition: 0 Class A Shares

Shared power to dispose or direct the disposition: 15,852,335* Class A Shares

 

*

Includes 994,316 Class A Shares held by BREPH. The general partner of BREPH is BRP Bermuda, and BREPH and BRP Bermuda are subsidiaries of BRPI.

(iv) BIC

 

  a.

BIC may be deemed the beneficial owner of 28,961,500 Class A Shares, constituting a percentage of approximately 16.8%

 

  b.

Sole voting power to vote or direct vote: 0 Class A Shares

Shared voting power to vote or direct vote: 28,961,500 Class A Shares

Sole power to dispose or direct the disposition: 0 Class A Shares

Shared power to dispose or direct the disposition: 28,961,500 Class A Shares

(v) BEP

 

  a.

BEP does not beneficially own any Class A Shares


  b.

Sole voting power to vote or direct vote: 0 Class A Shares

Shared voting power to vote or direct vote: 0 Class A Shares

Sole power to dispose or direct the disposition: 0 Class A Shares

Shared power to dispose or direct the disposition: 0 Class A Shares

(vi) BRPL

 

  a.

BRPL does not beneficially own any Class A Shares

 

  b.

Sole voting power to vote or direct vote: 0 Class A Shares

Shared voting power to vote or direct vote: 0 Class A Shares

Sole power to dispose or direct the disposition: 0 Class A Shares

Shared power to dispose or direct the disposition: 0 Class A Shares

(c) Prior to the closing of the Offering, (i) BRPI transferred to BIC, BPYCI, BIL, BHAL and BFREH 37,011,500 Class A Shares, 4,800,000 Class A Shares, 450,000 Class A Shares, 600,000 Class A Shares and 1,100,000 Class A Shares, respectively, of which BIC, BPYCI, BIL, BHAL and BFREH sold 3,950,000 Class A Shares, 4,800,000 Class A Shares, 450,000 Class A Shares, 600,000 Class A Shares and 1,100,000 Class A Shares, respectively, in the Offering and (ii) BIC transferred to BPYH 4,100,000 Class A Shares, of which BPYH sold 4,100,000 Class A Shares in the Offering. Other than the transactions described in this Amendment No. 2, there have been no transactions by the Reporting Persons in the Class A Shares during the past 60 days.

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

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

The information set forth in Item 3 of this Amendment No. 2 is hereby incorporated by reference.

As of February 16, 2021, Brookfield and BEP hold an approximate 81.5% voting interest in the Issuer, BEP may receive up to 172,201,415 Class A Shares in accordance with the terms of the Class A Shares and Brook field may receive up to 127,387,580 Class A Shares in accordance with the terms of the Rights Agreement.

Item 7. Materials to Be Filed as Exhibits.

Item 7 of the original Schedule 13D is hereby amended and supplemented as follows:

Exhibit 99.7 – Underwriting Agreement, dated February 10, 2021, by and among the Selling Shareholders, the Issuer, BEP, BRPI, BREP Holding L.P. and the Underwriters (incorporated by reference from the Issuer’s and BEP’s Form 6-K filed with the Securities and Exchange Commission on February 12, 2021).


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.

 

February 17, 2021     BROOKFIELD ASSET MANAGEMENT INC.
    By:  

/s/ Kathy Sarpash

      Name: Kathy Sarpash
      Title: Senior Vice President
    PARTNERS LIMITED
    By:  

/s/ Brian Lawson

      Name: Brian Lawson
      Title: President
    BROOKFIELD RENEWABLE POWER INC.
    By:  

/s/ Jennifer Mazin

      Name: Jennifer Mazin
      Title: Senior Vice President and Secretary
    BROOKFIELD INVESTMENTS CORPORATION
    By:  

/s/ Tom Corbett

      Name: Tom Corbett
      Title: Vice President and Chief Financial Officer
    BROOKFIELD RENEWABLE PARTNERS L.P., by its general partner BROOKFIELD RENEWABLE PARTNERS LIMITED
    By:  

/s/ Jane Sheere

      Name: Jane Sheere
      Title: Secretary
    BROOKFIELD RENEWABLE PARTNERS LIMITED
    By:  

/s/ Jane Sheere

      Name: Jane Sheere
      Title: Secretary


SCHEDULE I

BROOKFIELD ASSET MANAGEMENT INC.

 

Name and Position of Officer or Director   

Principal Business Address

  

Principal Occupation or
Employment

  

Citizenship

M. Elyse Allan, Director    181 Bay Street, Suite 300, Toronto, Ontario, M5J 2T3, Canada    Corporate Director    Canada and U.S.A.
Justin B. Beber, Managing Partner, Head of Corporate Strategy and Chief Legal Officer    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Partner, Head of Corporate Strategy and Chief Legal Officer, Brookfield    Canada

Jeffrey M. Blidner,

Vice Chair and Director

   181 Bay Street, Suite 300, Toronto, Ontario, M5J 2T3, Canada    Vice Chair, Brookfield    Canada
Angela F. Braly, Director   

250 Vesey Street, 15th Floor,

New York, NY 10281-1023, U.S.A.

   Corporate Director    U.S.A.
Jack L. Cockwell, Director    51 Yonge Street, Suite 400, Toronto, Ontario, M5E 1J1, Canada    Chair of Brookfield Partners Foundation    Canada
Marcel R. Coutu, Director   

c/o Suite 1210, 225 – 6th Ave. S.W.

Calgary, Alberta, T2P 1N2, Canada

   Corporate Director    Canada

Maureen Kempston Darkes,

Director

   181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Corporate Director    Canada
Janice Fukakusa, Director    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Corporate Director    Canada
Murilo Ferreira, Director    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Former Chief Executive Officer, Vale SA    Brazil
J. Bruce Flatt, Director, Managing Partner and Chief Executive Officer    One Canada Square, Level 25 Canary Wharf, London E14 5AA U.K.    Managing Partner and Chief Executive Officer, Brookfield    Canada
Nicholas H. Goodman, Managing Partner and Chief Financial Officer    181 Bay Street, Suite 300, Toronto, Ontario, M5J 2T3, Canada    Managing Partner and Chief Financial Officer, Brookfield    United Kingdom
Brian W. Kingston, Managing Partner, Chief Executive Officer Real Estate    250 Vesey Street, 15th Floor, New York, NY 10281-1023, U.S.A.    Managing Partner, Chief Executive Officer Real Estate, Brookfield    Canada
Brian D. Lawson, Vice Chair and Director    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Vice Chair and Director, Brookfield    Canada


Cyrus Madon, Managing Partner,

Chief Executive Officer Private Equity

   181 Bay Street, Suite300, Toronto, Ontario M5J 2T3, Canada    Managing Partner, Chief Executive Officer of Private Equity, Brookfield    Canada
Howard S. Marks, Director    333 S. Grand Avenue, 28th Floor, Los Angeles, CA 90071, U.S.A.    Co-Chairman, Oaktree Capital Management    U.S.A.
Frank J. McKenna, Director   

TDCT Tower, 161 Bay Street, 35th Floor, Toronto, Ontario

M5J 2T2, Canada

   Chair of Brookfield and Deputy Chair of TD Bank Group, Wholesale    Canada
Rafael Miranda, Director    C/Santiago de Compostela 100 28035 Madrid, Spain    Corporate Director    Spain

Craig Noble, Managing Partner,

Chief Executive Officer Alternative Investments

  

181 Bay Street, Suite 300

Toronto, Ontario

M5J 2T3, Canada

   Managing Partner, Chief Executive Officer Alternative Investments, Brookfield    Canada

Lord Augustine Thomas O’Donnell,

Director

  

Frontier Economics, 71 High Holborn, London U.K.

WC1V 6DA

   Chairman of Frontier Economics Limited    United Kingdom

Hutham S. Olayan,

Director

   505 Park Avenue, New York, NY 10022, U.S.A.    Chairman of The Olayan Group    U.S.A. and Saudi Arabia
Lori Pearson, Managing Partner and Chief Operating Officer    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Partner and Chief Operating Officer, Brookfield    Canada

Samuel J.B. Pollock,

Managing Partner, Chief Executive Officer Infrastructure

   181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Partner, Chief Executive Officer Infrastructure, Brookfield    Canada
Ngee Huat Seek, Director    501 Orchard Road, #08 — 01 Wheelock Place, Singapore 238880    Chairman, Global Logistic Properties    Singapore
Sachin G. Shah, Managing Partner, Chief Investment Officer    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Partner, Chief Investment Officer, Brookfield    Canada
Diana L. Taylor, Director    c/o Bloomberg, Philanthropies, 25 East 78th Street, New York, N.Y. 10075    Corporate Director    U.S.A. and Canada
Connor Teskey, Managing Partner and Chief Executive Officer Renewable Power    One Canada Square, Level 25 Canary Wharf, London E14 5AA U.K.    Managing Partner and Chief Executive Officer Renewable Power, Brookfield    Canada


SCHEDULE II

PARTNERS LIMITED

 

N ame and Position of Officer or Director

  

Principal Business Address

  

Principal Occupation or

Employment

  

Citizenship

Lisa Chu, Treasurer    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Senior Vice President – Finance, Brookfield    Canada

Jack L. Cockwell, Director and

Chairman of the Board

   51 Yonge Street, Suite 400 Toronto, Ontario M5E 1J1, Canada    Chair of Brookfield Partners Foundation    Canada
Lorretta Corso, Secretary    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Administrator and Corporate Secretary, Brookfield    Canada
Brian W. Kingston, Director    250 Vesey Street, 15th Floor, New York, NY 10281-1023 U.S.A.    Managing Partner, Chief Executive Real Estate, Brookfield    Canada
Brian D. Lawson, Director and President    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Vice Chair, Brookfield    Canada
Cyrus Madon, Director    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Partner, Chief Executive Officer Private Equity, Brookfield    Canada
Samuel J.B. Pollock, Director    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Partner, Chief Executive Officer Infrastructure, Brookfield    Canada
Timothy R. Price, Director    51 Yonge Street, Suite 400, Toronto, Ontario M5E 1J1, Canada    Corporate Director    Canada
Sachin Shah, Director    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Partner, Chief Investment Officer, Brookfield    Canada
Tim Wang, Assistant Secretary    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Manager, Capital Markets and Treasury, Brookfield    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 and Senior Vice-President    Brookfield Asset Management, Inc., 181 Bay Street, Brookfield Place, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Director, Brookfield    Canada
Julian Deschatelets, Director and Senior Vice-President    Brookfield Asset Management, Inc., 181 Bay Street, Brookfield Place, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Director, Brookfield    Canada
Wyatt Hartley, Director and Chief Financial Officer    Brookfield Asset Management, Inc., 181 Bay Street, Brookfield Place, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Partner, Brookfield    Canada
Jennifer Mazin, Director and Senior Vice-President and Secretary    Brookfield Asset Management, Inc., 181 Bay Street, Brookfield Place, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Partner, Brookfield    Canada
Connor Teskey, Chief Executive Officer    One Canada Square, Level 25, Canary Wharf, London, E14 5AA United Kingdom    Managing Partner, Chief Executive Officer Renewable Power, Brookfield    Canada
Ruth Kent, Chief Operating Officer    Brookfield Asset Management, Inc., 181 Bay Street, Brookfield Place, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Partner, Brookfield    Ireland


SCHEDULE IV

BROOKFIELD INVESTMENTS CORPORATION

 

Name and Position of Officer or Director

  

Principal Business Address

  

Principal

Occupation or

Employment

  

Citizenship

Thomas Corbett, Vice President and Chief Financial Officer    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Managing Director, Finance, Brookfield    Canada
Lorretta M. Corso, Vice President and Secretary    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Administrator and Corporate Secretary, Brookfield    Canada
Howard Driman, Director   

181 Bay Street, Suite 300,

Toronto, Ontario M5J 2T3,

Canada

   Corporate Director    Canada
Frank L.C. Lochan, Director   

181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada

   Corporate Director    Canada
Edward C. Kress, Director, Chairman and President    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Corporate Director    Canada
Danesh K. Varma, Director   

One Canada Square, Level 25

Canary Wharf, London E14 5AA U.K.

   Corporate Director    United Kingdom
Leslie Yuen, Vice President and Controller    181 Bay Street, Suite 300, Toronto, Ontario M5J 2T3, Canada    Vice President, Brookfield    Canada


SCHEDULE V

BROOKFIELD RENEWABLE PARTNERS LIMITED

 

Name and Position of Officer or Director

  

Principal Business Address

  

Principal Occupation or
Employment

  

Citizenship

Jeffrey M. Blidner, Director    181 Bay Street, Suite 300, Toronto, Ontario, M5J 2T3, Canada    Vice Chair, Brookfield    Canada
Nancy Dorn, Director    73 Front Street, 5th Floor, Hamilton HM 12, Bermuda    Corporate Director    U.S.A.
Scott Cutler, Director    73 Front Street, 5th Floor, Hamilton HM 12, Bermuda    Chief Executive Officer, StockX    U.S.A.
David Mann, Director    73 Front Street, 5th Floor, Hamilton HM 12, Bermuda    Corporate Director    Canada
Lou Maroun, Director    73 Front Street, 5th Floor, Hamilton HM 12, Bermuda    Corporate Director    Canada
Sachin Shah, Director    181 Bay Street, Suite 300, Toronto, Ontario, M5J 2T3, Canada    Managing Partner, Chief Investment Officer, Brookfield    Canada
Stephen Westwell, Director    73 Front Street, 5th Floor, Hamilton HM 12, Bermuda    Corporate Director    United Kingdom
Patricia Zuccotti, Director    73 Front Street, 5th Floor, Hamilton HM 12, Bermuda    Corporate Director    U.S.A.
Gregory Ernest Alexander Morrison, President    73 Front Street, 5th Floor, Hamilton HM 12, Bermuda    President of Brookfield Bermuda Ltd    Canada
Gregory Noel McConnie, Vice President    73 Front Street, 5th Floor, Hamilton HM 12, Bermuda    President and CEO of Brookfield International Bank Inc.    Barbados
James Alexander Bodi, Vice President    73 Front Street, 5th Floor, Hamilton HM 12, Bermuda    CEO of Brookfield Bermuda Ltd    Canada
Jane Sheere, Secretary    73 Front Street, 5th Floor, Hamilton HM 12, Bermuda    Manager – Corporate Services of Brookfield Bermuda Ltd    United Kingdom
Anna Knapman-Scott, Assistant Secretary    73 Front Street, 5th Floor, Hamilton HM 12, Bermuda    Operations Manager and Legal Counsel of Brookfield Bermuda Ltd    United Kingdom