Brookfield Renewable Completes Acquisition of 378 MW

Brookfield Renewable Completes Acquisition of 378 MW Hydroelectric
HAMILTON, BERMUDA -- (Marketwire) -- 11/15/12 -- Brookfield Renewable
Energy Partners L.P. (TSX:BEP.UN) ("Brookfield Renewable") and its
institutional partners have completed the previously announced
acquisition of a 378 MW hydroelectric portfolio from Alcoa Power
Generating Inc.  
The portfolio consists of four generating stations on the Little
Tennessee and Cheoah Rivers in eastern Tennessee and western North
Carolina. All output from the facilities is contracted through June
2014 to the Tennessee Valley Authority.  
The portfolio benefits from one of the lowest operating costs in the
region, and in 2005 was granted a 40 year operating license by the
Federal Energy Regulatory Commission.  
Brookfield Renewable Energy Partners (TSX:BEP.UN) operates one of the
largest publicly-traded, pure-play renewable power platforms
globally. Its portfolio is primarily hydroelectric and totals
approximately 5,300 megawatts of installed capacity. Diversified
across 69 river systems and 11 power markets in the United States,
Canada and Brazil, the portfolio generates enough electricity from
renewable resources to power more than two million homes on average
each year. With a virtually fully-contracted portfolio of
high-quality assets and strong growth prospects, the business is
positioned to generate stable, long-term cash flows supporting
regular and growing cash distributions to unitholders. For more
information, please visit
Investor Contact:
Brookfield Renewable Energy Partners L.P.
Zev Korman
Director, Investor Relations
Media Contact:
Brookfield Renewable Energy Partners L.P.
Julie Smith-Galvin, Director, Corporate Communications
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