Brookfield Renewable (BEPC) has released an update.
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Brookfield Renewable has announced that it has received all necessary approvals for the reorganization of Brookfield Renewable Corporation, which will be effective before markets open on December 24, 2024. Shareholders will receive new class A exchangeable shares that maintain the same economic benefits and governance, and these shares will be listed on major stock exchanges. This move is part of Brookfield Renewable’s strategy to enhance its position in the global renewable power market.
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