Investing - Brookfield Asset Management

Transaction Overview
The strategic combination will establish Brookfield Renewable Energy Partners (BREP)
as one of the world’s largest listed “pure play” renewable power businesses
• Publicly traded partnership model that has been highly successful for BIP
• We have requested to be listed on the Toronto Stock Exchange and will plan to file for NYSE
listing in early 2012
• Brookfield will receive one limited partnership unit of BREP for every Brookfield Renewable
Power Fund (Fund) unit, and will receive additional units of BREP for contributing the assets of
Brookfield Power
• On completion, Brookfield will own approximately 73% of BREP on a fully-exchanged basis
and the public unitholders of the Fund will own the remaining 27%
• BREP will assume all obligations related to approximately C$1.1 1 billion of unsecured public
bonds issued by Brookfield Power as well as the obligations related to the C$250 million
preferred shares issued by a subsidiary of the Fund
139 | Brookfield Asset Management Inc.