Brascan acquires Brazilian hydro facilities

18 April 2005


The sale is worth US$103.2M, which includes US$6.2M in working capital, cash consideration of US$68M and assumed debt of US$35.3M.

Brascan Power’s Brazilian affiliate, Brascan Energetica, will operate the six facilities. All the power generated is under long-term contract to CFLCL with an average term exceeding 20 years.




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