Brookfield Renewable Kwagis Holding Inc.

Brookfield Renewable Kwagis Holding Inc. indirectly owns the 45-megawatt run-of-river hydroelectric power-generating facility in British Columbia (the Project) through its indirect and partial ownership of Kwagis Power Limited Partnership, which guarantees the Series I Senior Secured Bonds and directly owns the Project. The Project is subject to the Electricity Purchase Agreement.