Brookfield Renewable Energy Partners LP announced that it has agreed to sell an aggregate principal amount of $400 million of medium-term notes, Series 8, due February 2022, which will bear interest at a rate of 4.79% per annum, payable semi-annually. The Notes will be fully and unconditionally guaranteed by Brookfield Renewable and certain of its key holding subsidiaries. The Notes will be issued pursuant to a short form base shelf prospectus dated January 23, 2012, a related prospectus supplement dated January 31, 2012 and a related pricing supplement to be dated January 31, 2012. The issue is expected to close on or about February 7, 2012, subject to customary closing conditions.