Brookfield Renewable Energy Partners L.P.
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Brookfield Renewable Energy Partners L.P.

April 06, 2016 10:35 ET

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

BROOKFIELD, NEWS--(Marketwired - April 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.

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