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Other Operations and New Development
Great Lakes Hydro Income Fund
Great Lakes Hydro Income Fund was established in November
1999 as a publicly traded investment vehicle to acquire long-life,
low cost generating assets which provide stable and sustainable
cash distributions to unitholders. Brookfield owns 50.1% of
the units with the remaining 49.9% held by the public.
Great Lakes Hydro Income Fund owns, operates and manages
high quality assets which produce electricity exclusively
from environmentally friendly hydroelectric resources through
five integrated hydroelectric generation systems located in
Quebec, Ontario, British Columbia and New England. These facilities
include 26 hydroelectric generating stations with significant
water storage and installed capacity of 1,015 megawatts ("MW"),
generating on average, 3,874 gigawatt hours ("GWh") of electricity
annually, with interconnections with the Quebec, Ontario,
British Columbia and New England power grids.
Great Lakes Hydro Income Fund units are listed for trading on the Toronto Stock
Exchange under the symbol GLH.UN.
For more information
click here.
Investing in
Wind Power
Brookfield Power Corporation is
investing in the development of wind energy projects to offer
clean renewable electricity. For more than five years, Brookfield
Power has been actively involved in pursuing development opportunities
in the wind energy sector.
Brookfield Power has been conducting extensive research to
identify the viable wind resource base in Ontario. We are
developing high value projects, through the application of
advanced wind resource technologies, and acquisitions of productive
wind lands.
Click
here for more information on wind energy in Canada.
Prince Wind Energy Project
The Prince Wind Energy Project comprises 126 wind turbines
extending over nearly 20,000 acres. With a total installed
capacity of 189 megawatts (MW), Prince is now the largest
wind farm in Canada.
Completed in November, 2006, the Prince Wind Energy Project
is located northwest of Sault Ste. Marie, in Northern Ontario.
The project was constructed in two phases, each with its own
20-year power purchase agreement with the Ontario Power Authority.
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