Investing - Brookfield Asset Management
Investing - Brookfield Asset Management
Investing - Brookfield Asset Management
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<strong>Brookfield</strong> Approach – Granite Reliable Wind<br />
• Acquired majority interest in 99 MW wind project from a distressed seller (Q4 2010)<br />
• Leveraged <strong>Brookfield</strong>’s restructuring expertise and resources<br />
• U.S. power platform completed remaining development activities<br />
– Secured regulatory approvals<br />
– Facilitated government loan guarantee program and investment tax credits grants<br />
– Secured project financing<br />
• Commercial operating date expected Q4 2011<br />
• U.S. power platform will integrate Granite into its operations in Boston, MA<br />
137 | <strong>Brookfield</strong> <strong>Asset</strong> <strong>Management</strong> Inc.
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