Oct 31 (Reuters) - Brookfield Renewable Partners LP BEP_u.TO :
* BROOKFIELD RENEWABLE REPORTS STRONG THIRD QUARTER RESULTS AND $850 MILLION OF CAPITAL RAISING INITIATIVES
* Q3 FFO PER SHARE $0.33
* EXPECT TO COMPLETE APPROXIMATELY $1 BILLION OF ASSET SALES AND UPFINANCINGS BY END OF YEAR
* SOLD A 25% INTEREST IN A 413 MEGAWATT CANADIAN HYDROELECTRIC PORTFOLIO TO A CONSORTIUM OF BUYERS
* QTRLY NORMALIZED FFO PER UNIT $0.44
* CONTINUE TO PROGRESS SALE OF A 178 MEGAWATT WIND AND SOLAR PORTFOLIO IN SOUTH AFRICA
* BROOKFIELD RENEWABLE - INTEND TO SELL ANOTHER 25% IN 413 MEGAWATT CANADIAN HYDROELECTRIC PORTFOLIO AT SAME PRICE TO ANOTHER GROUP OF INVESTORS BEFORE YEAR-END
* CONTINUE TO PROGRESS SALE OF A 178 MEGAWATT WIND AND SOLAR PORTFOLIO IN SOUTH AFRICA.