d6k.htm

FORM 6-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

For the month of November 2007

Commission File Number: 033-97038

BROOKFIELD ASSET MANAGEMENT INC.

(Translation of registrant's name into English)

BCE Place

Suite 300

181 Bay Street, P.O. Box 762

Toronto, Ontario, Canada M5J 2T3

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F

Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by

Regulation S-T Rule 101(b)(1): ____

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by

Regulation S-T Rule 101(b)(7): ____

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby

furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________

INCORPORATION BY REFERENCE

The Form 6-K of Brookfield Asset Management Inc. dated November 30^th, 2007 and the exhibit thereto are hereby incorporated by reference as exhibits to Brookfield Asset Management Inc.’s registration statement on Form F-9 (File No. 333-112049).

EXHIBIT LIST

Exhibit		Description

99.1		Press Release, Dated November 30^th, 2007, BROOKFIELD POWER COMPLETES FINANCING FOR PRINCE WIND ASSETS

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


	BROOKFIELD ASSET MANAGEMENT INC.

Date: November 30^th, 2007	By:	/s/ B. D. Lawson
		Name: B. D. Lawson Title: Managing Partner & CFO

News Release

Brookfield Power Completes Financing for Prince Wind Assets

GATINEAU, Québec, November 30, 2007– Brookfield Power Inc. (BPI) announces the closing of a C$300 million bank facility in connection with its 189-MW Prince Wind Project through a wholly-owned subsidiary, Brookfield Power Wind Prince Financial Corporation. Proceeds of the financing will be used to repay the existing construction credit facility for Prince Wind.

Prince Wind, the largest operating wind farm in Canada with 126 wind turbines situated on nearly 20,000 acres overlooking Lake Superior northwest of Sault Ste. Marie, is capable of producing enough clean, renewable energy to power 40,000 homes annually. The wind farm was commissioned during the fourth quarter of 2006 and has been fully operational for one year. All the energy produced by Prince Wind is sold to the Ontario Power Authority under long-term power purchase contracts expiring between 2026 and 2028.

Prince Wind is being financed with a five year floating rate bank facility, which is secured by the Prince Wind assets and is non-recourse to BPI. Payments of interest and principal will be made quarterly pursuant to amortization matched to coincide with the termination of the last power purchase agreement in 2028. BPI intends to substantially hedge the bank facility’s floating interest rate to a fixed rate.

The financing was provided by a syndicate of lenders co-led by The Bank of Nova Scotia and Dexia Credit Local S.A, and was pre-syndicated as of financial close to include ABN Amro N.V., Bank of Tokyo-Mitsubishi UFJ, Fortis Capital and Sumitomo Mitsui Banking Corporation of Canada.

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About Brookfield Power

Brookfield Power comprises the power generating and marketing operations of Brookfield Asset Management Inc. Brookfield Power has developed and successfully operated hydroelectric power facilities for over 100 years. Brookfield Power’s portfolio comprises almost 3,900 megawatts of capacity and includes 157 hydroelectric power generating stations on 60 river systems, 1 wind farm, and 2 thermal plants, principally in the northeastern North America and South America. (See www.brookfieldpower.com for more details). Brookfield Asset Management Inc., focused on property, power and infrastructure assets, has approximately US$90 billion of assets under management and is co-listed on the New York and Toronto Stock Exchanges under the symbol BAM. (See www.brookfield.com for more details).

Brookfield Power

Grace Pollock

Director, Investor Relations

Tel: (819) 561-8072

e-mail: grace.pollock@brookfieldpower.com