v3.26.1
PROPERTY, PLANT AND EQUIPMENT
 6 Months Ended
Jun. 30, 2026
Disclosure of detailed information about property, plant and equipment [abstract]  
PROPERTY, PLANT AND EQUIPMENT PROPERTY, PLANT AND EQUIPMENT
The following table presents a reconciliation of property, plant and equipment at fair value:
(MILLIONS)HydroelectricWindSolar
Other(1)
Total(2)(3)
Property, plant and equipment, at fair value
As at December 31, 2025
$35,782 $14,524 $11,217 $2,694 $64,217 
Additions, net63 165 (15)7 220 
Transfer from construction work-in-progress21 125 598 147 891 
Transfer to assets held for sale, net(4)
(2,349)(802)(69)— (3,220)
Items recognized through OCI:
Change in fair value118 (2)89 (5)200 
Foreign exchange1,203 125 88 67 1,483 
Items recognized through net income:
Change in fair value— (10)23 — 13 
Depreciation(343)(407)(302)(54)(1,106)
As at June 30, 2026
$34,495 $13,718 $11,629 $2,856 $62,698 
Construction work-in-progress
As at December 31, 2025
$341 $2,449 $3,115 $334 $6,239 
Additions53 520 1,141 324 2,038 
Transfer to property, plant and equipment(21)(125)(598)(147)(891)
Items recognized through OCI:
Change in fair value— (150)(24)— (174)
Foreign exchange1 (13)(26)(5)(43)
Items recognized through net income (loss):
Change in fair value— (69)(182)— (251)
As at June 30, 2026
$374 $2,612 $3,426 $506 $6,918 
Total property, plant and equipment, at fair value
As at December 31, 2025(2)(3)
$36,123 $16,973 $14,332 $3,028 $70,456 
As at June 30, 2026(2)(3)
$34,869 $16,330 $15,055 $3,362 $69,616 
(1)Includes battery storage.
(2)Includes right-of-use assets not subject to revaluation of $67 million (2025: $42 million) in hydroelectric, $255 million (2025: $297 million) in wind and $549 million (2025: $531 million) in solar.
(3)Includes land not subject to revaluation of $150 million (2025: $208 million) in hydroelectric, $47 million (2025: $47 million) in wind, $166 million (2025: $149 million) in solar, and $11 million (2025: $6 million) in other.
(4)Includes $257 million of property, plant and equipment that has been reclassified from assets held for sale during the second quarter of 2026. Refer to Note 4 - Assets held for sale, for more details.

During the period, Brookfield Renewable, together with its institutional partners, completed the acquisitions of the following investments. They are accounted for as asset acquisitions as they do not constitute business combinations under IFRS 3:
RegionTechnologyCapacityAmount recognized in Property, Plant and EquipmentBrookfield Renewable
Economic Interest
U.S.Distributed energy & storage
67 MW
$92 million
20%
U.S.Utility-scale solar
210 MW
$61 million
20%
U.S.Wind
201 MW
$28 million
14%