M&A Deal Summary

Brookfield Renewable Partners Acquires Western Wind Energy

On March 7, 2013, Brookfield Renewable Partners acquired renewable energy company Western Wind Energy

Acquisition Highlights
  • This is Brookfield Renewable Partners’ 7th transaction in the Renewable Energy sector.
  • This is Brookfield Renewable Partners’ 2nd transaction in Canada.
  • This is Brookfield Renewable Partners’ 2nd transaction in British Columbia.

M&A Deal Summary

Date 2013-03-07
Target Western Wind Energy
Sector Renewable Energy
Buyer(s) Brookfield Renewable Partners
Deal Type Add-on Acquisition

Target

Western Wind Energy

Vancouver,, British Columbia, Canada
Western Wind Energy Corp., engages in the development, ownership, and operation of wind and solar generating facilities.

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Buyer(S) 1

Buyer

Brookfield Renewable Partners

Toronto, Ontario, Canada

Category Company
Founded 1999
Sector Renewable Energy
Employees4,770
Revenue 5.0B USD (2023)
DESCRIPTION

Brookfield Renewable Energy Partners pure-play renewable power platforms globally. Its portfolio is primarily hydroelectric and totals approximately 6,700 megawatts of installed capacity. Brookfield Renewable Energy Partners was incorporated in 1999 and is headquartered in Toronto, Ontario.


DEAL STATS #
Overall 7 of 17
Sector (Renewable Energy) 7 of 16
Type (Add-on Acquisition) 1 of 4
State (British Columbia) 2 of 2
Country (Canada) 2 of 2
Year (2013) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-01 NextEra Energy 351 MW Hydroelectric Portfolio

United States

NextEra Energy 351 MW Hydroelectric Portfolio consists of 19 hydroelectric facilities and eight upstream storage reservoirs primarily on the Kennebec, Androscoggin and Saco rivers in Maine, with an expected average generation of approximately 1.6 million megawatt hours annually.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-01 70 MW Hydroelectric Portfolio in Maine

Maine, United States

70 MW Hydroelectric Portfolio in Maine comprises nine hydroelectric facilities with average expected generation of approximately 375,000 megawatt (MW) hours annually and total generation of approximately 70 MW.

Buy -