The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Robert Hope - Scotiabank Global Banking and Markets, Research Division - Analyst
: First question is on the Baltic projects. So we see that in your project development backlog, you do have some onshore stuff with Poland. But what
are you thinking about the timing in terms of the Baltic offshore projects there as well as how do you see your ownership in Polenergia trending
over time?
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MAY 04, 2021 / 1:00PM, BEP_u.TO - Q1 2021 Brookfield Renewable Partners LP Earnings Call
Question: Robert Hope - Scotiabank Global Banking and Markets, Research Division - Analyst
: That's helpful. Okay and then other side of the world, I just want to get some perspective on how you're looking at opportunities in India. You've
had boots on the ground for a number of years there. It seems like you're in the early days of starting to put capital to work there. Where in your
mind are we in that investment cycle? Are you fully confident in that jurisdiction that you could put some larger capital to work?
Question: Nelson Ng - RBC Capital Markets, Research Division - Analyst
: Great. So my first question relates to Colombia. You have a small 32-megawatt wind project there. I think you've been in Colombia for, I think, just
over 5 years. And I don't think you've been that active on the development side in that market in the past. But are things changing over there? And
are you seeing more opportunities on the wind and solar side?
Question: Nelson Ng - RBC Capital Markets, Research Division - Analyst
: Okay. That's great color. And then just a quick modeling question, maybe it's for Wyatt. So this quarter, you recognized some gains for the Scottish
developments. I'm just wondering, will you be recognizing gains for the rest of the U.K. assets or for the sale of the U.S. wind assets in a future
quarter? I just wasn't too sure which asset sales would result in gains that are included in EBITDA or your CAFD calculation?
Question: Nelson Ng - RBC Capital Markets, Research Division - Analyst
: Okay. And if you sell operating assets, they won't be recognized?
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