The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from CNW Group

Brookfield Renewable Power Fund Declares Cash Distribution for March 2011

Monday, March 21, 2011

Brookfield Renewable Power Fund Declares Cash Distribution for March 201111:55 EDT Monday, March 21, 2011GATINEAU, 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 UNITMarch 31, 2011 April 29, 2011 10.833 centsFebruary 28, 2011 March 31, 2011           10.833 centsJanuary 31, 2011           February 28, 2011     10.833 centsDecember 31, 2010 January 31, 2011 10.833 centsNovember 30, 2010 December 31, 2010 10.833 centsOctober 31, 2010 November 30, 2010 10.833 centsAbout 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.For further information: Please visit www.brpfund.com or contact: Zev Korman Director, Investor Relations and Communications Brookfield Renewable Power Fund Tel: (416) 359-1955 zev.korman@brookfield.com