26.02.2015 Views

Investing - Brookfield Asset Management

Investing - Brookfield Asset Management

Investing - Brookfield Asset Management

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Priorities for 2012<br />

Long-term dynamics for renewable power remain favourable<br />

Drive financial<br />

and operating<br />

results of BREP<br />

• Deliver on BREP’s financial expectations including $1.1 billion in EBITDA<br />

• Maximize value of asset flexibility and manage costs<br />

• Secure long-term contracts for un-contracted volumes if long-term<br />

price is attractive<br />

Deploy capital to<br />

high quality, high value<br />

opportunities in the<br />

renewable power sector<br />

• Develop inventory of top acquisition targets and opportunistically execute<br />

on transactions<br />

• Add $1 billion in renewable assets (developments or acquisitions)<br />

• Deliver construction programs on scope, schedule and budget<br />

• Advance development projects and begin construction of 45 MW hydro<br />

project on Kokish River in British Columbia<br />

Implement effective<br />

funding strategies to<br />

maximize financial<br />

flexibility and minimize<br />

cost of capital<br />

• Launch BREP and promote awareness of it as the leading pure-play<br />

renewable power business on a global basis<br />

• Achieve listing on the New York Stock Exchange for BREP<br />

• Strategic refinancing of project debt to enhance returns and minimize risk<br />

145 | <strong>Brookfield</strong> <strong>Asset</strong> <strong>Management</strong> Inc.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!