v3.26.1
BORROWINGS (Tables)
6 Months Ended
Jun. 30, 2026
Disclosure of detailed information about borrowings [abstract]  
Summary of Non-Recourse Borrowings
The composition of non-recourse borrowings is presented in the following table:
June 30, 2026December 31, 2025
Weighted-averageWeighted-average
(MILLIONS EXCEPT AS NOTED)Interest
rate (%)
Term
(years)(2)
Carrying
value
Estimated
fair value
Interest
rate (%)
Term
(years)
Carrying
value
Estimated
fair value
Non-recourse borrowings(1)
Hydroelectric8.2 8$9,327 $9,570 7.5 5$9,310 $9,368 
Wind
5.0 62,185 2,159 5.8 72,114 2,103 
Solar4.9 93,988 3,943 5.9 93,926 3,891 
Total6.9 8$15,500 $15,672 6.9 6$15,350 $15,362 
Add: Unamortized premiums and discounts(2)
9 
Less: Unamortized financing fees(2)
(89)(95)
Less: Current portion(1,284)(2,772)
$14,136 $12,492 
(1)Includes nil (2025: $1 million) borrowed under a subscription facility of a Brookfield sponsored private fund.
(2)Unamortized premiums, discounts and financing fees are amortized over the terms of the borrowing.
Summary of Changes in the Company's Borrowings
The following table outlines changes in the company's borrowings as at June 30, 2026:
(MILLIONS)
As at
December 31, 2025
Net cash flows from
financing activities
Non-cash
Transfer to liabilities directly associated with assets held for sale
Other(1)
As at
 June 30, 2026
Non-recourse borrowings$15,264 $532 (752)$376 $15,420 
(1)Includes foreign exchange and amortization of unamortized premiums, discounts and financing fees.