Brookfield and Facebook to Enter Long-Term Renewable Energy Supply Agreement in Ireland

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Brookfield and Facebook to Enter Long-Term Renewable Energy Supply Agreement in Ireland

BROOKFIELD, NEWS--(Marketwired - Apr 6, 2016) - Brookfield Renewable Energy Partners and Facebook Inc., today announced a long-term renewable energy supply agreement. Brookfield Renewable will supply 100% renewable wind energy to Facebook's second European data center under construction in Clonee, County Meath, Ireland and to Facebook's international headquarters in Dublin.

Brookfield's Irish operations comprise over 465 MW of operating wind assets in Ireland. The supply contract, which will be for a period of at least 10 years, will see Brookfield Renewable supply electricity approximately equal to the long-term average annual generation of approximately 150 MW of wind capacity. Brookfield has an additional greenfield wind development portfolio of over 200 MW across Ireland with 75 staff based in Cork.

Ralf Rank, Managing Partner at Brookfield commented, "With over 10,000 megawatts of operating hydro and wind capacity and a 7,000 megawatt renewable development pipeline globally, we are uniquely positioned to offer consumers long-term, carbon-free renewable power and price stability as we work toward combatting climate change. We are pleased to have Facebook as our first retail customer in Ireland and welcome the opportunity to work with a corporate leader focused on increasing the use of renewable power."

Tom Furlong, VP of Infrastructure at Facebook said, "Facebook's new data center in Clonee will be one of the most technically advanced and environmentally-friendly in the world. Working with Brookfield, it will be powered by 100% renewable energy, sourced locally in Ireland. We're proud to be continuing our investment in Ireland, which has been home to our international headquarters since 2009."

Brookfield Renewable Energy Partners

Brookfield Renewable Energy Partners operates one of the world's largest publicly traded, pure-play renewable power platforms. Our portfolio consists of hydroelectric and wind facilities in North America, South America and Europe and totals more than 10,000 megawatts of installed capacity. Brookfield Renewable is listed on the New York and Toronto stock exchanges. Further information is available at www.brookfieldrenewable.com. Important information may be disseminated exclusively via the website; investors should consult the site to access this information.

Brookfield Renewable is the flagship listed renewable energy company of Brookfield Asset Management, a leading global alternative asset manager with over $225 billion of assets under management.

Brookfield Renewable Energy Partners L.P.
Zev Korman
Senior Vice President, Investor Relations
(416) 359-1955
[email protected]
Brookfield Renewable Energy Partners L.P
Marie Moloney
Communications Manager, Europe
+44(0) 20 7408 8375
[email protected]

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).