public traded as tsx bep.un industry electric generation genre independent power producer headquarters hamilton bermuda key people sachin shah ceo ; richard legault chairman total assets us 20b parent brookfield asset management subsidiaries great lakes power website www.brookfieldrenewable.com brookfield renewable energy partners is a hamilton bermuda based open ended income trust that was initially listed on the toronto stock exchange in 1999 as great lakes hydro income fund . it is 62.5 % owned by brookfield asset management . brookfield asset management claims to have more than 100 years of experience as an owner operator and developer of hydroelectric power facilities . it was founded in the 1890s in brazil where the company installed the first electrical lights and tramways in s o paulo and rio de janeiro . the utility was nicknamed the light . 1 contents 1 corporate structure 1.1 great lakes power 1.2 brookfield renewable power inc. 1.3 brookfield renewable energy partners lp 2 references 3 external links corporate structure edit great lakes power edit in recent years when brookfield has used its majority stake in great lakes power as its primary vehicle to advance its interests in the renewable energy sector . when great lakes hydro income fund completed its initial public offering on the toronto stock exchange in 1999 brookfield asset management then known as edperbrascan owned 61 % of outstanding units through its various subsidiaries . 2 3 initially great lakes hydro s assets were limited to three hydroelectric facilities in western quebec with a combined capacity of 238mw . 3 by the end of 2008 the fund owned and operated 27 hydroelectric facilities and one wind farm with a cumulative capacity of 1 021mw . 4 these assets are spread across four jurisdictions ontario quebec british columbia and new england . brookfield renewable power inc. edit brookfield renewable power inc. is a wholly owned subsidiary of brookfield asset management and holds a 50.01 % share in brookfield renewable power fund . it is the subsidiary in which brookfield asset management holds all of its renewable energy assets whereas the fund s scope is limited to the 1 652mw of generation capacity located in ontario quebec british columbia and new england . 5 brookfield renewable energy partners lp edit on september 13 2011 brookfield asset management and brookfield renewable power fund announced they intended to merge to form brookfield renewable energy partners lp . 6 when the transaction closed brookfield asset management owned 73 % of the combined entity which trades on the toronto stock exchange under the symbol bep u. the new entity is the primary vehicle through which brookfield will acquire new renewable energy assets and has assets and development projects in canada the us and brazil . the transaction closed on november 30 2011 . 7 as of april 2013 brookfield asset management owned 65 per cent . in 2012 the company and its investment partners bought four hydroelectric power plants in the southeastern u.s. from alcoa for 600 million . these plants are being expanded and will produce green power in region that is attempting to shut down its coal burning power stations . references edit http www.brookfieldpower.com edperbrascan annual report 1999 a b great lakes hydro income fund annual report 1999 great lakes hydro income fund annual report 2008 brookfield renewable power fund annual report 2009 brookfield announces strategic combination of its renewable power businesses brookfield announces launch of brookfield renewable energy partners l.p. external links edit brookfield renewable power inc. brookfield renewable power fund retrieved from https en.wikipedia.org w index.php title brookfield renewable & oldid 742697295 categories companies listed on the toronto stock exchanges & p tsx composite indexpower companies of canadacompanies based in gatineauhidden categories vague or ambiguous time from november 2012 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 5 october 2016 at 06 51 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view