CORDOBA, ARGENTINA -- (MARKET WIRE) -- 07/11/08 -- Researched by Industrial Info Resources(Sugar Land, Texas) -- Brascan Energetica S.A. (Parana, Brazil), asubsidiary of Brookfield Asset Management Incorporated (NYSE:BAM) (Toronto,Ontario), has acquired the 156-megawatt (MW) Itiquira hydropower plant,located in Mato Grosso on the Itiquira River. The $120 million projectfinancing was provided through two companies, the corporate and investmentbanking Calyon Credit Agricole S.A. (EPA:ACA) (Paris) and ExportDevelopment Canada (Ottawa, Canada), a Crown corporation. The station isequipped with four Francis turbines manufactured by GE Hydro, a businessunit of General Electric (NYSE:GE) (Fairfield, Connecticut).For details, view the entire article by subscribing to Industrial Info'sPremium Industry News athttp://www.industrialinfo.com/showNews.jsp?newsitemID=135373, or browseother breaking industrial news stories at www.industrialinfo.com.
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