New York, October 4, 2004 LAWFUEL – Best law news, law firm, attorney, securities news & legal research – Weil, Gotshal & Manges LLP, one of the
world’s leading law firms, advised Brascan Corporation (NYSE: BNN, TSX:
BNN.A) in its purchase of 71 operating hydroelectric power generating
plants, totaling 674 megawatts of capacity, and one 95 megawatt
co-generation facility, in upstate New York, from Reliant Energy Inc. for
US $874 million.
The acquisition was completed on Tuesday, September 28, 2004.
Brascan Corporation is an asset management company. With a focus on real
estate and power generation, the company has direct investments of $17
billion and a further $7 billion of assets under management including 70
premier office properties and 120 power generating plants. Brascan Power
is an independent producer and distributor of power.
Weil, Gotshal & Manges LLP is an international law firm of more than 1,100
attorneys, including approximately 300 partners. Weil Gotshal is
headquartered in New York, with offices in Austin, Boston, Brussels,
Budapest, Dallas, Frankfurt, Houston, London, Miami, Munich, Paris,
Prague, Shanghai, Silicon Valley, Singapore, Warsaw and Washington, D.C.
Weil, Gotshal & Manges LLP’s Team
Partners: Simeon Gold , J. Philip Rosen, and Elaine Stangland (Corporate
New York); Steven M. Peck (Corporate – Boston); Annemargaret Connolly
(Litigation/Regulatory – Washington D.C.); Helyn S. Goldstein (Tax – New
York); Debra J. Pearlstein (Litigation/Regulatory – New York)
Counsel: Holly Washington Loiseau (Litigation/Regulatory – Washington
D.C.); Lawrence J. Baer (Litigation/Regulatory – New York)
Associates: Paul D. Fasciano, Bryan M. Mignone, Bettina de Catalogne,
Justin M. Levy (Corporate – New York); Chrystal L. Dyer-Laroche, Brett J.
Grossman, Ernie Padron and Lisa B. Gordon (Property – New York); Kenneth
Gavsie (Litigation/Regulatory – New York); Joseph Miller (Corporate –
Washington D.C.); Lisa R. Fine ((Litigation/Regulatory – Washington D.C.);
John O’Loughlin (Litigation/Regulatory – Washington D.C.); Dale G.
Nissenbaum (Litigation/Regulatory – New York); Jacob S. Lee, Nancy Y. Tong
and Christina Y. Lee (Tax – New York)