Overview

Brookfield Renewable is a leading owner, operator and developer of renewable power generation facilities across North and South America and Europe. With more than 100 years of experience in the power sector, our portfolio today comprises $25 billion in power assets under management.

With a portfolio of high-quality assets, strong growth opportunities and a significant pipeline of development projects, the business is positioned to produce attractive long-term total returns with growing cash flows and distributions to unitholders.

Investment Highlights

One of the largest publicly traded pure-play renewable power businesses globally – with ~10,600 MW of installed capacity

Predominantly hydroelectric portfolio – approximately 90% of generation is from hydro, the highest quality renewable asset class with compelling operating attributes and total return profile

Strong organic and acquisition opportunities – supported by a conservative capital structure and liquidity to fund growth

Experienced management team with proven track record – 14% compounded annualized return since 2011

Access to a leading asset management platform – origination of opportunities through Brookfield’s network and participation in Brookfield sponsored consortiums

Largely contracted revenue streams – 17-year weighted average with market-based upside from recent investments

Experienced management team with proven track record – demonstrated commitment to growing returns to unitholders

Brookfield Renewable Partners

i n v e s t o r f a c t s h e e t

A N A LY S T C O V E R A G EAltaCorp Capital Mark Westby

Barclays Ross Fowler

BMO Nesbitt Burns Ben Pham

CIBC World Markets Mark Jarvi

Credit Suisse Andrew Kuske

Desjardins Securities Bill Cabel

GMP First Energy Ian Gillies

Guggenheim Partners Sophie Karp

IA Securities Jeremy Rosenfield

Macquarie Capital David Noseworthy

National Bank Financial Rupert Merer

Raymond James Frederic Bastien

RBC Capital Markets Nelson Ng

TD Securities Sean Steuart

Veritas Darryl McCoubrey

Wells Fargo Glen Pruitt

T R A C K R E C O R D O F G R O W T H

Q U I C K F A C T SE X C H A N G E SNYSE: BEPTSX: BEP.UN

~299MFULLY DILUTED UNITS

$41.97CAD UNIT PRICE1

$30.53USD UNIT PRICE1

~9BMARKET CAPITALIZATION1

5%-9%TARGET DISTRIBUTION GROWTH ANNUALLY

70%OF FFO TARGET PAYOUT RATIO

$1.87PER UNIT

DISTRIBUTION

6%YIELD1

1) As at May 3, 2017

BEP.UN (TSX)

VALUE OF $10,000 INVESTED

PER UNIT DISTRIBUTION

S&P/TSXS&P 500

From January 1, 2006 through December 31, 2016 in local currency.Total return with dividends reinvested.

2011

2017

$37,206$15,805

$19,540

$1.30

$1.87

Growth Drivers

LARGE INVESTIBLE UNIVERSE

Global investment in renewable power approximates $300 billion annually, providing substantial growth opportunity. Our particular expertise in hydro provides a competitive advantage in this segment.

ORGANIC DEVELOPMENT PIPELINE

Brookfield Renewable maintains a strategic pipeline of hydro and wind development projects. We have a 6,000 MW development pipeline, including 300 MW of construction-ready projects expected to contribute $45-50 million to annual funds from operations once fully commissioned.

MERGERS AND ACQUISITIONS

Over the last 10 years, Brookfield Renewable has acquired over 6,000 MW of hydro and wind power generating capacity. Acquisition-based growth will allow us to continue to expand in core markets and penetrate new markets and technologies.

CASH FLOW UPSIDE

Approximately 90% of 2017 generation is contracted. The remaining 10% is sold in liquid markets. Underwritten near cyclical market lows, these assets produce attractive short-term cash-on-cash returns with significant upside tied to a recovery in natural gas and power prices.

OPERATIONAL EXPERTISE

Our deep operating capabilities, combined with contractual inflation protection, results in margin enhancement and a real return profile. With 260 facilities, the scale of our operating platform allows us to operate and integrate new assets with high efficiency and at low cost.

Map of Operations

This fact sheet contains forward-looking statements and information within the meaning of the Canadian provincial securities laws and other “forward looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, Section 21E of the U.S. Securities Exchange Act of 1934, as amended, “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and in any applicable Canadian securities regulations. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Forward-looking statements can be identified by the use of words such as “growing”, “target” and “expand” or variations of such words and phrases. Although Brookfield Infrastructure believes that such forward-looking statements and information are based upon reasonable assumptions and expectations, no assurance is given that such expectations will prove correct. The reader should not place undue reliance on forward-looking statements and information as such statements and information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Brookfield Infrastructure to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements and information. Except as required by law, Brookfield Infrastructure does not undertake any obligation to publicly update or revise any forward-looking statements or information, whether written or oral, that may be as a result of new information, future events or otherwise.

C O N T A C TZev Korman Senior Vice President, Investor Relations

Tel: 416-359-1955

Email: zev.korman@brookfieldrenewable.com

bep.brookfield.com

G E O G R A P H I C D I V E R S I F I C A T I O N

G E N E R A T I O N B Y T E C H N O L O G Y

S TA B L E C A S H F L O W P R O F I L E

Europe: 5%

North America: 65%

Uncontracted: 8%Wind: 11%

Other: 1%

Hydro: 88% Contracted: 92%

Colombia: 15%

Brazil: 15%

Hydro

Solar/WindWind

BiomassThermal