Brookfield Renewable Extends Offer for Western Wind

Brookfield Renewable Extends Offer for Western Wind 
Offer Expires Thursday, February 21, 2013 at 5:00 pm (EST) 
HAMILTON, BERMUDA -- (Marketwire) -- 02/11/13 --  
All amounts in Canadian dollars unless otherwise indicated 
Brookfield Renewable Energy Partners L.P. (TSX:BEP.UN) ("Brookfield
Renewable") and WWE Equity Holdings Inc. (the "Offeror") today
announced that the Offeror has extended the expiry time of its offer
to acquire the common shares of Western Wind Energy Corp. ("Western
Wind" or the "Company") for $2.60 per share (the "Offer").  
Brookfield Renewable is very encouraged by the number of shares that
have been tendered since the release of the Ontario Securities
Commission ("OSC") decision on Friday, February 8, 2013. On that
date, the OSC dismissed the application of Western Wind and agreed
with Brookfield Renewable that a formal valuation of the Western Wind
common shares is not required. Brookfield Renewable realizes that
many shareholders were waiting for the OSC decision before deciding
whether to tender to the Offer. Given that the OSC decision was only
announced on February 8th, Brookfield Renewable wants to ensure that
shareholders have adequate time to tender to the Offer, and has
extended the Offer by 10 days, the minimum period permitted by
statutory requirement.  
Brookfield Renewable is now close to satisfying the minimum tender
condition but still needs some additional support from shareholders
to do so.  
The new expiry time is 5:00 p.m. (EST) on February 21, 2013. The
Offer price of $2.60 per share is Brookfield Renewable's best and
final offer. The Offer will not be further extended unless the
minimum tender condition (50% of shares held by shareholders
independent of Brookfield Renewable) is satisfied.  
If the minimum tender condition is satisfied at the expiry time, the
Offer will be extended for a further 10 business days. However, this
will not happen unless the minimum tender condition is satisfied so
shareholders need to act now should they wish to tender.  
How to Tender Shares to the Offer 
Western Wind shareholders are urged to tender their shares to the
Offer before it expires at 5:00 p.m. (EST) on February 21, 2013 by
following the instructions provided in the Offeror's take-over bid
circular dated November 26, 2012, which has been filed on SEDAR. 
For further information on the Offer, please contact CST Phoenix
Advisors, Brookfield Renewable's information agent for the Offer, by
toll free phone at 1-800-336-5159 or by email at 
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 shareholders. For more
information, please visit
Investor Contact: Brookfield Renewable Energy Partners L.P.
Zev Korman
Director, Investor Relations
(416) 359-1955 
Media Contact: Brookfield Renewable Energy Partners L.P.
Andrew Willis
SVP, Communications and Media
(416) 369-8236
Press spacebar to pause and continue. Press esc to stop.