Hydro-Kennebec is a 15.4-megawatt facility located on the Kennebec River in Winslow, Maine. The facility commenced commercial operations in February 1989 and generates approximately 86-gigawatt hours of energy per year.

The plant is interconnected with the New England power grid and sells it output under a power sales agreement with Central Maine Power. Both the lease and the power sales agreement expire in February 2009.

West Delaware is a 7.5-megawatt facility located in Grahamsville, New York. The plant commenced commercial operations in December 1988, and is interconnected with the New York power grid. The plant output of approximately 27-gigawatt hours per year is currently sold into the New York wholesale electricity market. The lease on this facility expires in 2037.

We continue to strengthen our geographic presence in the northeast. The addition of these facilities is a good fit with our existing New England and New York power generation portfolios and brings Brascan Power’s total portfolio to 122 power plants and 2,645-megawatts of installed capacity, said Harry Goldgut, co-chair and CEO of Brascan Power.