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Brookfield Renewable Announces Commencement of Normal Course Issuer Bid for Preferred Shares

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HAMILTON, BERMUDA–(Marketwired – June 23, 2015) – Brookfield Renewable Energy Partners L.P. (TSX:BEP.UN)(NYSE:BEP) (“Brookfield Renewable“) today announced that the Toronto Stock Exchange (the “TSX“) accepted notice of Brookfield Renewable Power Preferred Equity Inc.’s (“BRP Equity“) intention to commence a normal course issuer bid for its outstanding Class A Preference Shares (“Preferred Shares“). BRP Equity is a wholly-owned subsidiary of Brookfield Renewable. Brookfield Renewable believes that in the event that the Preferred Shares trade in a price range that does not fully reflect their value, the acquisition of Preferred Shares may represent an …read more

Read more here:: http://www.marketwired.com/mw/release.do?id=2032433&sourceType=3

      

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