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Brookfield Press Release BROOKFIELD RENEWABLE ANNOUNCES RECORD THIRD QUARTER RESULTS All amounts in U.S. dollars unless otherwise indicated - BROOKFIELD , News , November 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 nine months ended September 30 , 2021 . " We generated record third quarter FFO , and executed on several growth opportunities that demonstrate the value of our global platform , deploying capital across multiple technologies and jurisdictions , enhancing our position as a leading diversified clean energy business , " said Connor Teskey , CEO of Brookfield Renewable . " As decarbonization of the global economy continues to move to the forefront , we are well positioned to capture the growing opportunity while earning strong returns for our investors . " Financial Results Millions ( except per unit or otherwise noted ) Unaudited For the three months ended September 30 For the nine months ended September 30 2021 2020 2021 2020 Total generation ( GWh ) - Long - term average generation 13,776 13,446 43,967 43,124 - Actual generation 13,533 12,007 42,044 39,535 Brookfield Renewable Partner's share ( GWh ) - Long - term average generation 6,697 6,618 22,655 20,644 - Actual generation 6,125 5,753 20,513 19,469 Net loss attributable to Unitholders ( 115 ) $ ( 162 ) $ ( 311 ) $ ( 184 ) Per LP unit ( ¹ ) Funds From Operations ( FFO ) ( 2 ) Per Unit ( 2 ) ( 3 ) ( 0.21 ) ( 0.29 ) ( 0.58 ) ( 0.39 ) 210 157 720 606 0.33 0.25 1.12 1.01 Normalized Funds From Operations ( FFO ) ( 2 ) ( 4 ) 231 197 828 640 Per Unit ( 2 ) ( 3 ) ( 4 ) 0.36 0.31 1.28 1.07 ( 1 ) For the three and nine months ended September 30 , 2021 , average LP units totaled 274.9 million and 274.9 million , respectively ( 2020 : 272.6 million and 269.9 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 nine months ended September 30 , 2021 were 645.6 million and 645.6 million , respectively ( 2020 : 624.6 million and 597.5 million , respectively ) , being inclusive of our LP units , Redeemable / Exchangeable partnership units , BEPC exchangeable shares and general partner interest . The actual Units outstanding at September 30 , 2021 were 645.7 million ( 2020 : 645.5 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 nine months ended September 30 , 2021 , the change related to long - term average generation totaled $ 21 million and $ 118 million , respectively ( 2020 : $ 40 million and $ 34 million , respectively ) and the change related to foreign currency totaled nil and $ ( 10 ) million , respectively . Brookfield Renewable reported FFO of $ 210 million or $ 0.33 per Unit for the three months ended September 30 , 2021 , a 32 % increase from prior year . After deducting depreciation and one - time non - cash deferred tax charges , our