Milbank LLP advised the underwriters in connection with Brookfield Renewable Partners L.P.’s offering of $150 million 7.250% green perpetual subordinated notes. Net proceeds of the offering are to be allocated entirely to renewable energy investments. This offering marks Brookfield Renewable’s thirteenth green-labeled corporate securities issuance and the second issuance under Brookfield Renewable’s 2024 Green Financing Framework.
The Milbank team was led by Corporate Finance and Securities partner Paul Denaro and included associates Abir Varma, Wilson Carneiro and Mackenzie Martin and law clerk Jane Edwards. The team also included Tax partner Andrew Walker and associate Michelle Song, Global Risk & National Security partner Bijan Ganji, special counsel Lafayette M. Greenfield, II and associate Clayton Melton and Alternative Investments partner Catherine Leef Martin and special counsel Megha Kalbag.
