Business & Finance
Business and Finance
Business and Finance
Mon, March 21, 2011 Brookfield Renewable Power Fund Declares Cash Distribution for March 2011
GATINEAU, QC, March 21 /CNW Telbec/ - (TSX: BRC.UN) - Brookfield Renewable Power Fund (the "Fund") today declared a cash distribution of 10.833 cents per unit for the month of March 2011, payable by April 29, 2011, to unitholders of record on March 31, 2011. The ex-distribution date is March 29, 2011.
As previously announced, the Fund intends to make unitholder distributions on a quarterly basis beginning in the second quarter of 2011, subject to unitholder approval. Accordingly, the next distribution of 32.499 cents per unit is expected to be payable on July 29, 2011 to unitholders of record on June 30, 2011.
The schedule below sets out the Fund's cash distribution history for the last six months:
| RECORD DATE | PAYMENT DATE | DISTRIBUTION PER UNIT | ||
| March 31, 2011 | April 29, 2011 | 10.833 cents | ||
| February 28, 2011 | March 31, 2011 | 10.833 cents | ||
| January 31, 2011 | February 28, 2011 | 10.833 cents | ||
| December 31, 2010 | January 31, 2011 | 10.833 cents | ||
| November 30, 2010 | December 31, 2010 | 10.833 cents | ||
| October 31, 2010 | November 30, 2010 | 10.833 cents |
About Brookfield Renewable Power Fund
Brookfield Renewable Power Fund ([ www.brpfund.com ]) is a premier Canadian income fund and one of the largest power income funds in North America with more than 1,700 megawatts of power generating capacity and average annual production exceeding 6,500 gigawatt hours.
The Fund produces electricity exclusively from environmentally friendly and renewable resources. The Fund indirectly owns or holds interests in 42 high quality hydroelectric generating stations and two wind farms in four distinct geographic regions across North America: Quebec, Ontario, British Columbia and New England.
Brookfield Renewable Power Inc., which comprises most of the power operations of Brookfield Asset Management, owns approximately 34% of the Fund's outstanding units on a fully exchanged basis.
The Units are listed for trading on the TSX under the symbol BRC.UN.
