Northeast Hydropower Firm Changes Name

[] Brascan Power Corporation announced that it has changed its name to Brookfield Power Corporation, effective immediately. In November 2005, Brookfield Power’s parent organization, Brascan Corporation changed its name to Brookfield Asset Management with a goal of building the asset management franchise under a single unified name across all of the company’s operations. The name change will not affect the operations of any of Brookfield Power’s generating facilities and will incorporate Brookfield Power branded business units across all North American operations. Brookfield Power currently operates 72 hydroelectric facilities and one thermal plant in New York State, one hydropower facility in Pennsylvania and one hydropower plant in Maryland, with a total installed capacity of more than 830 MW. Beginning today, all of these facilities will be branded under the Brookfield Power name.
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