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Brookfield Press Release BROOKFIELD RENEWABLE ANNOUNCES STRONG SECOND QUARTER RESULTS All amounts in U.S. dollars unless otherwise indicated BROOKFIELD , News , August 5 , 2021 ( GLOBE NEWSWIRE ) - Brookfield Renewable Partners L.P. ( TSX : BEP.UN ; NYSE : BEP ) ( " Brookfield Renewable Partners " , " BEP " ) today reported financial results for the three and six months ended June 30 , 2021 . " We had a strong quarter , as we delivered solid financial results and executed on a number of key strategic initiatives including securing a 25 - year contract - for - difference to support almost 1.5 gigawatts of offshore wind , initiated one of the largest onshore wind repowerings in the world , and entered a strategic collaboration with the world's largest corporate buyer of renewable power , " said Connor Teskey , CEO of Brookfield Renewable . " This broad range of transactions and agreements highlight the unique strengths of our business . We continue to see attractive large - scale opportunities leveraging our strengths to participate in the accelerating build out of renewables and the transition of existing generation to cleaner forms of electricity production . " Financial Results Millions ( except per unit or otherwise noted ) Unaudited For the three months ended June 30 For the six months ended June 30 2021 2020 2021 2020 Total generation ( GWh ) - Long - term average generation 16,092 15,527 30,191 29,678 - Actual generation 14,683 13,264 28,511 27,528 Brookfield Renewable Partner's share ( GWh ) - Long - term average generation 8,356 7,309 15,958 14,026 - Actual generation 7,013 6,552 14,388 13,716 Net loss attributable to Unitholders ( 63 ) $ ( 42 ) $ ( 196 ) $ ( 22 ) Per LP unit ( ¹ ) Funds From Operations ( FFO ) ( 2 ) ( 0.13 ) ( 0.11 ) ( 0.37 ) ( 0.10 ) 268 232 510 449 Per Unit ( 2 ) ( 3 ) 0.42 0.40 0.79 0.77 Normalized Funds From Operations ( FFO ) ( 2 ) ( 4 ) 340 251 597 443 Per Unit ( 2 ) ( 3 ) ( 4 ) 0.53 0.43 0.92 0.76 ( 1 ) For the three and six months ended June 30 , 2021 , average LP units totaled 274.9 million and 274.9 million , respectively ( 2020 : 268.5 million and 268.5 million , respectively ) . ( 2 ) Non - IFRS measures . Refer to " Cautionary Statement Regarding Use of Non - IFRS Measures " . ( 3 ) ( 4 ) Average Units outstanding for the three and six months ended June 30 , 2021 were 645.6 million and 645.5 million , respectively ( 2020 : 583.8 million and 583.7 million , respectively ) , being inclusive of our LP units , Redeemable / Exchangeable partnership units , BEPC exchangeable shares and general partner interest . The actual Units outstanding at June 30 , 2021 were 645.6 million ( 2020 : 467.0 million ) . Normalized FFO assumes long - term average generation in all segments except the Brazil and Colombia hydroelectric segments and uses 2020 foreign currency rates . For the three and six months ended June 30 , 2021 , the change related to long - term average generation totaled $ 85 million and $ 97 million , respectively ( 2020 : $ 19 million and $ ( 6 ) million , respectively ) and the change related to foreign currency totaled $ ( 13 ) million and $ ( 10 ) million , respectively .