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Brookfield Renewable acquires stake in US project

10 April 2014


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Brookfield Renewable Energy Partners and its institutional partners have completed the previously announced acquisition of a 33% stake in the 417MW Safe Harbor hydroelectric facility.

The project is located on the Susquehanna River in Pennsylvania and generates an average of 1100GWh annually. The facility possesses storage capabilities supporting daily peaking and is one of the largest conventional hydroelectric facilities in the PJM market.

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