Distribution History

Distributions to our shareholders are determined by our general partner. Our general partner has adopted a distribution policy under which our partnership currently pays quarterly cash distributions of US $0.445 per share per quarter.

This distribution policy targets a distribution level that is sustainable on a long-term basis while retaining sufficient liquidity for capital expenditures within our current operations and general purposes.

We believe that a distribution representing on average 70% of funds from operations will allow us to meet these objectives. We are targeting 5% to 9% annual growth in cash distributions to L.P. shareholders.

Note: If the Record or Payment Date falls on a non-business day, it will be moved to the preceding business day.

2016 Distributions

Record Date Payment Date Amount
February 29, 2016 March 31, 2016 US $0.445
May 31, 2016 June 30, 2016 US $0.445
August 31, 2016 September 30, 2016 US $0.445
November 30, 2016 December 31, 2016 US$0.445

2015 Distributions

Record Date Payment Date Amount
February 27, 2015 March 31, 2015 US $0.415
May 29, 2015 June 30, 2015 US $0.415
August 31, 2015 September 30, 2015 US $0.415
November 30, 2015 December 31, 2015 US $0.415

2014 Distributions

Record Date Payment Date Amount
February 28, 2014 March 31, 2014 US $0.2583 (prorated for two-month period)
May 30, 2014 June 30, 2014 US $0.3875
 August 29, 2014 September 30, 2014 US $0.3875
November 28, 2014 December 31, 2014 US $0.3875

2013 Distributions

Record Date Payment Date Amount
March 31, 2013 April 30, 2013 US $0.3625
June 30, 2013 July 31, 2013 US $0.3625
October 7, 2013 October 31, 2013 US $0.3625
December 31, 2013 January 31, 2014 US $0.3625

2012 Distributions

Record Date Payment Date Amount
March 31, 2012 April 30, 2012 US $0.345
June 30, 2012 July 31, 2012 US $0.345
September 30, 2012 October 31, 2012 US $0.345
December 31, 2012 January 31, 2013 US $0.345

2011 Distributions

Record Date Payment Date Amount
December 31, 2011 January 31, 2012 US $0.3375

Distribution Currency Option

The quarterly distributions payable on the Partnership’s LP Units are declared in U.S. dollars. Beginning with the fourth quarter distribution payable December 31, 2016, unitholders resident in the United States will receive payment in U.S. dollars and unitholders resident in Canada will receive the Canadian dollar equivalent unless they request otherwise. The Canadian dollar equivalent of the quarterly distribution will be based on the Bank of Canada noon exchange rate on the record date or, if the record date falls on a weekend or holiday, on the Bank of Canada noon exchange rate of the preceding business day.

Registered unitholders resident in Canada who wish to receive a U.S. dollar distribution and registered unitholders resident in the United States wishing to receive the Canadian dollar distribution equivalent should contact Brookfield Renewable’s transfer agent, Computershare Trust Company of Canada, in writing at 100 University Avenue, 8th Floor, Toronto, Ontario M5J 2Y1 or by phone at 1-800-564-6253. Beneficial unitholders (i.e., those holding their units in street name with their brokerage) should contact the broker with whom their units are held.