Mr. Connor Teskey of Brookfield Renewable reports

BROOKFIELD ACKNOWLEDGES RESULT OF THE ORIGIN ENERGY SHAREHOLDER VOTE

Brookfield Asset Management Ltd., together with its listed affiliate, Brookfield Renewable Partners LP, has acknowledged the announcement today by Origin Energy Ltd. of the result of Origin's shareholder vote in respect of the previously announced scheme of arrangement with Brookfield, its institutional investors and EIG. Origin's shareholders voted 69 per cent in favour of the transaction, which was short of the required 75-per-cent approval level required.

In light of the result of the vote, Brookfield will evaluate its next steps, if any, with respect to Origin, given the strong level of Origin shareholder support for its proposal and taking into account the potential impact to Origin of the Australian government's recently announced proposed expansion to its Capacity Investment Scheme and National Energy Transformation Partnership.

"We are seeing plentiful opportunities to deploy capital at or above our target returns, as demand for clean power from corporations continues to accelerate and access to capital is becoming increasingly scarce for some market participants. We remain confident that we will deploy at least $7-[billion] to $8-billion of equity capital into growth over the next five years, consistent with our targets," said Connor Teskey, chief executive officer of Brookfield Renewable. "Specifically, our plan to accelerate the transition of Origin has generated significant interest from similar businesses around the world, who are seeking a capital and operating partner to enhance the value of their businesses by accelerating their transition."

About Brookfield Renewable Partners LP

Brookfield Renewable operates one of the world's largest publicly traded, pure-play renewable-power platforms. Brookfield Renewable's portfolio consists of hydroelectric, wind, utility-scale solar and storage facilities in North America, South America, Europe and Asia, and totals approximately 31,800 megawatts of installed capacity and a development pipeline of approximately 143,400 megawatts of renewable-power assets, 14 million metric tonnes per year of carbon capture and storage, two million tons of recycled material and four million metric million British thermal units of renewable natural gas production annually.

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