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TSX approves Brookfield Renewable's normal course issuer bid

Dec 31, 2018 - SNL Energy Finance Daily

The Toronto Stock Exchange accepted Brookfield Renewable Partners LP's renewal of its normal course issuer bid for its limited partnership units.

The partnership is allowed to repurchase up to 8.9 million units, or about 5%, of its issued and outstanding units. As of the close of business Dec. 24, there were 179,778,172 units issued and outstanding.

Under its normal course issuer bid, Brookfield Renewable may purchase up to 28,561 units on the TSX during any trading day. The partners...