Business Context and Reporting Period
This Form 6-K is a report of a foreign private issuer filed by Brookfield Asset Management Inc. for the month of July 2009, dated July 6, 2009. The filing serves to incorporate by reference a press release regarding a specific asset sale transaction into the company's registration statement on Form F-9.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document is a procedural filing to disclose a material event rather than a financial results report.
Material Changes
- Asset Sale Transaction: Brookfield Renewable Power has agreed to sell Canadian hydro assets and a wind farm project to the Great Lakes Hydro Income Fund.
Guidance, Outlook, and Risks
The filing does not contain management commentary, financial guidance, outlook, or a discussion of risks and contingencies beyond the disclosure of the asset sale transaction.
Investor Verification Checklist
- Verify the specific terms and valuation of the hydro assets and wind farm project sold to the Great Lakes Hydro Income Fund.
- Review the full text of the press release (Exhibit 99.1) for details on the transaction structure and strategic rationale.
- Confirm the impact of this divestiture on Brookfield Renewable Power's future asset base and cash flow generation.