Mumbai: Brookfield Renewable India, an arm of the Canadian personal fairness main, on Wednesday commissioned its first greenfield photo voltaic challenge with a capability of 445 mw close to Jodhpur in Rajasthan. The corporate didn’t share the funding particulars of the challenge, which has been developed in partnership with Axis Vitality Ventures, however mentioned it […]
Brookfield Renewable adds 7GW energy storage to pipeline through US$650m Urban Grid acquisition – EQ Mag Pro
Urban Grid’s project pipeline includes colocated and standalone energy storage as well as utility-scale solar PV. Image: Urban Grid. Renewables owner and operator Brookfield Renewable has tripled its US development pipeline to 31GW through the US$650 million acquisition of clean power developer Urban Grid. The deal sees Brookfield Renewable, an affiliate of Brookfield Asset Management, […]
Three Gorges to Buy Billionaires’ Spanish Renewable Portfolio
China Three Gorges Corp. agreed to buy Spanish renewable assets from a group of billionaires, as the Chinese energy giant seeks to double down on the southern European country. State-owned Three Gorges will acquire 100% of a portfolio of more than 400 megawatts of operational plants from a consortium led by Corporacion Masaveu, backed by […]
Brookfield Renewable to Issue CDN$425 Million of Green Bonds
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE UNITED STATES BROOKFIELD: Brookfield Renewable Partners L.P. (TSX: BEP.UN; NYSE: BEP) (“Brookfield Renewable”) today announced that it has agreed to issue CDN$425 million aggregate principal amount of medium-term notes, Series 14, due August 13, 2050, which will bear interest at a rate of […]
Brookfield Renewable to Develop and Construct 1,200-Megawatt Solar Project in Brazil
All amounts in US dollars unless otherwise indicated BROOKFIELD: Brookfield Renewable Partners L.P. (TSX: BEP.UN; NYSE: BEP) (“Brookfield Renewable”), alongside its institutional partners, today announced that it has entered into a binding agreement to acquire a 1,200 MW advanced solar development project in Brazil, which will be targeted for completion in early 2023. Approximately 75% […]
Brookfield Renewable: Hydro, Wind, Solar and Energy Storage
There’s no faster way to grow a business than by making acquisitions. The trick few master is finding deals with upside from simply following core competencies, and made at the right price, notes Roger Conrad, income expert and editor of Conrad’s Utility Investor. But neither has been a problem for our conservative portfolio holding Brookfield Renewable Energy Partners (BEP). […]