Brookfield Renewable Provides Q2 Preliminary Outlook

Brookfield Renewable Provides Q2 Preliminary Outlook 
HAMILTON, BERMUDA -- (Marketwired) -- 06/18/13 -- Following its
announcement earlier today that it has commenced a public offering of
limited partnership units ("L.P. units"), Brookfield Renewable Energy
Partners L.P. (TSX:BEP.UN)(NYSE:BEP) ("Brookfield Renewable") has
provided the following preliminary outlook for its second quarter
ended June 30, 2013.  
Seasonal inflows and wind conditions across the portfolio are
expected to result in generation approximating long-term average
("LTA") levels. Accordingly, Brookfield Renewable expects total
generation in the second quarter of 2013 to approximate 6,151
gigawatt hours (GWh), as compared to LTA of 6,171 GWh, and generation
of 4,101 GWh in the second quarter of 2012. 
The table below summarizes expected generation by segment and region
as at the date of this release: 

Preliminary Outlook - Q2 2013 Generation                                    
                          Generation (GWh)          Variance of Results     
For the three months  Preliminary Actual   LTA  Preliminary Preliminary 2013
 ended June 30               2013   2012  2013 2013 vs. LTA  vs. Actual 2012
  United States             2,820  1,619 2,829          (9)            1,201
  Canada                    1,489    986 1,461           28              503
  Brazil(1)                   903    811   903            -               92
                            5,212  3,416 5,193           19            1,796
Wind Energy                                                                 
  United States               439    221   468         (29)              218
  Canada                      304    246   292           12               58
                              743    467   760         (17)              276
Other                         196    218   218         (22)             (22)
Total generation(2)         6,151  4,101 6,171         (20)            2,050
                                                          -              50%
(1) In Brazil, assured generation levels are used as a proxy for long-term  
(2) Includes 100% of generation from equity-accounted investments.          

The expected operational information above was prepared on a
reasonable basis, reflects the best currently available estimates and
judgments, and presents, to the best of management's knowledge and
belief, the expected generation of Brookfield Renewable for the
second quarter of 2013. However, this information is not fact and no
assurances can be given that our actual generation for the three
months ended June 30, 2013 will not differ from these estimated
amounts. Readers are cautioned not to place undue reliance on the
estimates. These estimated amounts are forward-looking statements
within the meaning of applicable U.S. and Canadian securities laws.
These estimated amounts are preliminary, are based on management's
internal estimates and are subject to further internal review by
Brookfield Renewable Energy Partners (TSX:BEP.UN)(NYSE:BEP) operates
one of the largest publicly-traded, pure-play renewable power
platforms globally. Its portfolio is primarily hydroelectric and
totals approximately 5,900 megawatts of installed capacity.
Diversified across 70 river systems and 12 power markets in the
United States, Canada and Brazil, the portfolio's output is sold
predominantly under long-term contracts and generates enough
electricity from renewable resources to power more than three million
homes on average each year. With a 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 
Cautionary Statement Regarding Forward-Looking Information 
This news release contains forward-looking statements and information
within the meaning of Canadian securities laws and other
"forward-looking statements" within the meaning of Section 27A of the
U.S. Securities Act of 1933, as amended, Section 21E of the U.S.
Securities Exchange Act of 1934, as amended, and the United States
Private Securities Litigation Reform Act of 1995 concerning the
business and operations of Brookfield Renewable. Forward-looking
statements may include estimates, plans, expectations, opinions,
forecasts, projections, guidance or other statements that are not
statements of fact. Forward-looking statements can be identified by
the use of words such as "expects", "look forward", and "will bring",
or variations of such words and phrases, or statements that certain
actions, events or results "may", "could", "would", "might" or "will"
be taken, occur or be achieved. Although we believe that our
anticipated future results, performance or achievements expressed or
implied by the forward-looking statements and information in this
news release are based upon reasonable assumptions and expectations,
we cannot assure you that such expectations will prove to have been
correct. You should not place undue reliance on forward-looking
statements and information as such statements and information involve
known and unknown risks, uncertainties and other factors which may
cause our actual results, performance or achievements to differ
materially from anticipated future results, performance or
achievement expressed or implied by such forward-looking statements
and information. While we anticipate that subsequent events and
developments may cause our views to change, we disclaim any
obligation to update the forward-looking statements, other than as
required by applicable law. For further information on these known
and unknown risks, please see "Risk Factors" included in our Annual
Information Form and our Registration Statement on Form 20-F.
Brookfield Renewable Energy Partners L.P.
Zev Korman
Vice President, Investor Relations
(416) 359-1955
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