During the first quarter of 2026, Brookfield Renewable, together with its institutional partners, agreed to the sale of a 2.3 GW portfolio of operating solar and wind assets in the United States for proceeds of approximately $1.3 billion ($316 million net to Brookfield Renewable). On May 29, 2026, Brookfield Renewable, together with its institutional partners, completed the sale of a 67% interest in a 2.1 GW portfolio. The remaining interest in the portfolio has been recognized as an equity-accounted investment and continues to be included within assets held for sale, refer to Note 3 - Disposal of assets, for more details. Subsequent to the quarter, the company, together with institutional partners, completed the sale of the remaining 33% interest in the 2.1 GW portfolio, refer to Note 22 - Subsequent events, for more details.

During the second quarter of 2026, Brookfield Renewable, together with its institutional partners, agreed to the sale of its remaining 50% interest in a 403 MW portfolio of operating hydroelectric assets in the United States for proceeds of up to $522 million ($249 million net to Brookfield Renewable). This portfolio forms part of a broader 448 MW portfolio of hydroelectric assets, which includes an additional 45 MW of operating hydroelectric assets that were subject to a separate purchase and sale agreement and were recognized as held for sale as at December 31, 2025. On June 29, 2026, Brookfield Renewable, together with its institutional partners, completed the sale of a 25% interest in the 403 MW portfolio, Brookfield Renewable continues to consolidate the 403 MW portfolio and the combined portfolio continues to be included within assets held for sale, refer to Note 3 - Disposal of assets, for more details. As at June 30, 2026 the combined portfolio had a post-tax accumulated revaluation surplus of $827 million ($106 million net to Brookfield Renewable) that would be reclassified to equity upon disposition and the combined portfolio had $474 million ($56 million net to Brookfield Renewable) of accumulated depreciation.

During the second quarter of 2026, Brookfield Renewable, together with its institutional partners, agreed to the sale of a 218 MW portfolio of operating hydroelectric and solar assets in Colombia for proceeds of approximately COP1,610 billion ($424 million) (COP601 billion ($152 million) net to Brookfield Renewable). As at June 30, 2026, the portfolio had a post-tax accumulated revaluation surplus of $174 million ($65 million net to Brookfield Renewable) that would be reclassified to equity upon disposition.

During the second quarter of 2026, Brookfield Renewable, together with its institutional partners, agreed to the sale of a 39 MW portfolio of operating hydroelectric assets in Colombia for proceeds of approximately COP612 billion ($167 million) (COP228 billion ($62 million) net to Brookfield Renewable). As at June 30, 2026, the portfolio had a post-tax accumulated revaluation surplus of $96 million ($36 million net to Brookfield Renewable) that would be reclassified to equity upon disposition.

During the second quarter of 2026, Brookfield Renewable, together with its institutional partners, agreed to the sale of a 420 MW portfolio of operating wind and solar assets in Europe for proceeds of approximately €352 million ($408 million) (€65 million ($76 million) net to Brookfield Renewable). As at June 30, 2026, the portfolio had a post-tax accumulated revaluation surplus of $124 million ($26 million net to Brookfield Renewable) that would be reclassified to equity upon disposition.


(MILLIONS)	U.S. Hydroelectric Portfolio		U.S. Renewables Portfolio		Colombian Renewables Portfolio		European Renewables Portfolio		June 30, 2026		December 31, 2025
Assets
Cash and cash equivalents	$	36	$	—	$	—	$	28	$	64	$	79
Restricted cash	—		7		—		—		7		88
Trade receivables and other current assets	9		7		2		22		40		94
Financial instrument assets	2		4		—		18		24		160
Equity-accounted investments	—		394		—		—		394		—
Property, plant and equipment, at fair value(1)	1,795		501		859		803		3,958		5,582
Goodwill	—		—		25		—		25		—
Deferred income tax assets	1		—		—		—		1		—
Other long-term assets	—		20		—		1		21		139
Assets held for sale	$	1,843	$	933	$	886	$	872	$	4,534	$	6,142
Liabilities
Current liabilities	$	9	$	19	$	—	$	12	$	40	$	99
Non-recourse borrowings	752		273		—		265		1,290		2,359
Financial instrument liabilities	19		73		—		—		92		1,095
Deferred income tax liabilities	5		—		236		111		352		73
Provisions	—		4		1		14		19		203
Other long-term liabilities	5		26		4		74		109		192
Liabilities directly associated with assets held for sale	$	790	$	395	$	241	$	476	$	1,902	$	4,021