Investment Summary

Brookfield Renewable Partners Invests In Powell River Energy

On February 13, 2013, Brookfield Renewable Partners invested in renewable energy company Powell River Energy from Catalyst Paper

Investment Highlights
  • This is Brookfield Renewable Partners’ 5th transaction in the Renewable Energy sector.
  • This is Brookfield Renewable Partners’ 1st transaction in Canada.
  • This is Brookfield Renewable Partners’ 1st transaction in British Columbia.

Investment Summary

Date 2013-02-13
Target Powell River Energy
Sector Renewable Energy
Investor(s) Brookfield Renewable Partners
Sellers(s) Catalyst Paper
Deal Type Stake Purchase

Target

Powell River Energy

Powell River, British Columbia, Canada
Powell River Energy consists of two generating stations with a total installed capacity of 83 MW producing an average of 546 GWh on an annual basis. The system has storage capacity of approximately 158 GWh and is interconnected to the British Columbia power grid.

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Investor(S) 1

Investor

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 5 of 17
Sector (Renewable Energy) 5 of 16
Type (Stake Purchase) 2 of 5
State (British Columbia) 1 of 2
Country (Canada) 1 of 2
Year (2013) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-21 NextEra Energy 19 Hydroelectric Generating Stations

Maine, United States

NextEra Energy 19 Hydroelectric Generating Stations, consists of 19 hydroelectric facilities and 8 upstream storage reservoir dams primarily on the Kennebec, Androscoggin and Saco rivers in Maine, with an aggregate capacity of 351 megawatts and expected average annual generation of approximately 1.6 million megawatt hours.

Buy $760M
FOLLOWING 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 -

Seller(S) 1

SELLER

Catalyst Paper

Richmond, British Columbia, Canada

Category Company
Founded 1946
Sector Forest Products
Employees2,700
Revenue 2.0B CAD (2015)
DESCRIPTION

Catalyst Paper Corp. is a producer of mechanical printing paper and a recognized leader in sustainable business practices, Catalyst Paper manufactures a broad range of high quality products ideally suited to our times.


DEAL STATS #
Overall 1 of 3
Sector (Renewable Energy) 1 of 1
Type (Stake Purchase) 1 of 1
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-17 Snowflake

Bozeman, Montana, United States

Snowflake is an entity which provides a cloud-based data platform in the United States and internationally. Snowflake was founded in 2012 and and is based in Bozeman, Montana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-30 Verso Paper - Two Paper Mills

United States

Buy $74M