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Brookfield Renewable to repay credit facility debt via equity offering
By Tali Rackner
Minneapolis, June 28 – Brookfield Renewable Partners, LP plans to repay amounts outstanding under its credit facilities using the net proceeds from a new C$550 million equity offering, according to a press release.
Proceeds will also be used for general corporate purposes, including to fund new investments.
The Toronto-based company operates a portfolio of hydroelectric and wind facilities in North America, Latin America and Europe.
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