In Short : Brookfield announces a strategic investment in Leap Green Energy. This move aims to bolster Leap Green’s renewable energy portfolio, enhancing its capacity and supporting sustainable growth in the renewable energy sector. In Detail : Canadian asset management firm Brookfield on Thursday announced an equity investment of $550 million in Leap Green Energy, […]
Brookfield eyes $5 bln for UAE-backed climate fund – EQ
In Short – Brookfield Asset Management is targeting $5 billion for a UAE-backed climate fund. This fund aims to invest in renewable energy projects and other sustainable initiatives globally, supporting the transition to a low-carbon economy. The collaboration underscores the growing commitment to addressing climate change through substantial financial investments in green technologies and infrastructure. […]
Petronas leads green tower charge at Brookfield with renewable energy – EQ
In Short : Petronas is spearheading the green tower initiative at Brookfield by utilizing renewable energy. This collaboration focuses on integrating sustainable energy solutions to enhance environmental performance and promote green building practices within Brookfield’s portfolio. In Detail : Reneable energy is a crucial aspect of sustainable development, and companies around the world are vying […]
Brookfield to invest $500m in India’s Leap Green Energy – EQ
In Short : Brookfield plans to invest $500 million in India’s Leap Green Energy. This significant investment will support the expansion of Leap Green Energy’s renewable energy portfolio, enhancing its capacity and contributing to India’s sustainable energy goals. In Detail : Canada-based Brookfield Asset Management is set to invest $500m for a controlling interest in […]
Brookfield commissions the 268 MWp capacity phase I of India’s largest C&I Park at Bikaner Rajasthan – EQ
Brookfield commissions the 268 MWp capacity phase I of India’s largest C&I Park at Bikaner Rajasthan Once complete the ISTS connected C&I dedicated park at Bikaner will generate 550 MWp capacity Brookfield Asset Management (NYSE: BAM, TSX: BAM) (“Brookfield”) today announced the successful commissioning of phase I of the country’s largest Inter State Transmission System […]
Brookfield forms a joint venture with Axis Energy Ventures to develop renewable energy projects – EQ
Mumbai : Brookfield and Axis Energy Ventures today announced their second joint venture partnership to establish a renewable energy development platform. Axis Energy Ventures will contribute their existing development pipeline of wind and solar power projects which are spread across the country and at various stages of development. Brookfield, through the Brookfield Global Transition Fund […]
Brookfield signs MoU with Reliance Industries for onshore renewable power and decarbonization equipment manufacturing in Australia – EQ Mag
Mumbai : Brookfield Asset Management has signed a Memorandum of Understanding (MoU) with Reliance Industries, a Fortune 500 company and India’s largest private sector enterprise, to explore opportunities to manufacture renewable energy and decarbonization equipment in Australia. The MoU aims to both accelerate and de-risk Australia’s energy transition by enabling it to locally produce clean […]
CleanMax raises $360 million from Brookfield – EQ Mag
Canadian investor Brookfield said on Thursday it had acquired a controlling stake in Indian solar-panel maker CleanMax Enviro Energy Solutions for $360 million MUMBAI : Canadian investor Brookfield said on Thursday it had acquired a controlling stake in Indian solar-panel maker CleanMax Enviro Energy Solutions for $360 million. Brookfield did not specify the size of […]
Brookfield expands green footprint, buys 51% stake in CleanMax Enviro – EQ Mag
Canadian investment firm Brookfield has picked up a 51% stake in CleanMax Enviro (CleanMax Solar), which supplies renewable energy to commercial and industrial establishments, said two sources aware of the development. The equity value of the company is between ₹3,500 crore and ₹4,000 crore, they added. The investment will largely be a secondary sale of […]
Brookfield to step up Australia renewables investment with $10.2 bln Origin Deal – EQ Mag
SYDNEY : Canada’s Brookfield and its partner EIG decided to go ahead with a $10.2 billion plan to buy Australia’s Origin Energy Ltd despite escalating regulatory and government policy headwinds, senior management at the group said on Tuesday. Origin, Australia’s top energy retailer, on Monday agreed to the long-running takeover offer from the consortium, nearing […]