Brookfield Asset Management - History

History

  • 1899: The São Paulo Railway, Light and Power Company was founded by William Mackenzie, Frederick Stark Pearson and others (the word "Railway" would later be changed to "Tramway")
  • 1904: The Rio de Janeiro Tramway, Light and Power Company was founded by Mackenzie's group
  • 1912: Brazilian Traction, Light and Power Company Limited is incorporated in Toronto as a public company to develop hydro-electric power operations and other utility services in Brazil, becoming a holding company for the two previous companies
  • 1916: Great Lakes Power Company Limited is incorporated to provide hydro-electric power in Sault Ste. Marie and the Algoma District in Ontario
  • 1966: Brazilian Traction, Light and Power Company Limited changes its name to Brazilian Light and Power Company Limited
  • 1969: Brazilian Light and Power Company Limited changes its name to Brascan Limited (BL)
  • 1979: the company's Brazilian assets are transferred to Brazilian ownership (e.g., Eletropaulo and Light S.A.), the company meanwhile having diversified to other areas

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