Investing - Brookfield Asset Management
Investing - Brookfield Asset Management
Investing - Brookfield Asset Management
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Financial Highlights<br />
The business will benefit from strong operating and development platforms that have a track<br />
record of optimizing assets and supporting growth<br />
• Initial distribution of $1.35 per unit<br />
• Attractive payout ratio with target of approx. 80% of distributable cash and 60% of AFFO<br />
• Anticipate $100 million annually of surplus cash flows to reinvest in growth opportunities<br />
• BREP assumes corporate level debt of existing power business (BRPI)<br />
• BRPI’s investment grade ratings are expected to be maintained by BREP<br />
BREP<br />
Total power assets<br />
Next 5-year average proforma distributable cash<br />
Next 5-year average per unit distributable cash<br />
> $13 billion<br />
$490 million<br />
$1.85 per unit<br />
Issued units (millions) 265.2<br />
Project level debt (non-recourse)<br />
Corporate level debt<br />
$4.1 billion<br />
$1.1 billion<br />
Target payout ratio 80%<br />
Weighted average PPA term<br />
24 years<br />
1<br />
Includes three wind projects and four hydro projects currently under construction<br />
2<br />
Shown on a fully-exchanged basis<br />
142<br />
| <strong>Brookfield</strong> <strong>Asset</strong> <strong>Management</strong> Inc.
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