Second ‘Brookfield Global Transition Fund’ Begins With $10 Billion Updated On Tue, Feb 6th, 2024 by Saurenergy Brookfield Asset Management has secured $10 billion in the initial closing of the second installment of the Brookfield Global Transition Fund (BGTF II), encompassing both fund commitments and strategic capital from its investor network. Leading the helm of BGTF II are Mark Carney and Connor Teskey (pictured), jointly focusing on investments aimed at hastening the […] Read more
Brookfield Looks To Partially Sell-Off 1.6-GW Renewable Portfolio Updated On Fri, Feb 2nd, 2024 by Saurenergy Canadian investment firm Brookfield Asset Management is seeking to partially capitalize on its clean energy assets. Brookfield boasts a collective capacity of approximately 1.6 GW and hold an enterprise value ranging between Rs 9,000 and 10,000 crore (equivalent to $1-1.2 billion), as per the company. To facilitate this partial monetization, investment bank JP Morgan has […] Read more
Learnings From the $12 billion Brookfield Bid For Australia’s Origin Energy Updated On Fri, Nov 11th, 2022 by Saurenergy Global investment management firm Brookfield’s $11.8 billion bid that is also supported by the target firm’s board is a clear indication of the volume and direction of money chasing renewable energy assets and growth. Origin energy, which has 4.5 million customrs in Australia, has comitted to a phase out of its non renewable assets. “The […] Read more
The Case For Storage Is a Tough Sell At Reinvest 2020 Updated On Wed, Dec 2nd, 2020 by Saurenergy RE-invest 2020’s session on battery storage, with a focus on innovation and sustainability, sent out mixed messages on the potential for, and need for battery storage in India. Thus, while some of the panelists drove home the point that long term storage was not really a requirement for India yet, considering the little gap between […] Read more
GLP Partners with Brookfield to Pursue Rooftop Solar Opportunities in China Updated On Thu, Mar 22nd, 2018 by Saurenergy The joint venture, by affiliates of GLP and Brookfield, intends to install 300 megawatts of rooftop solar projects over the next three years, with a broader 1 Gigawatt development pipeline, which is equivalent to the annual power consumption of approximately 750,000 households. GLP, the leading global provider of logistics solutions and Brookfield Asset Management, a […] Read more
