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
Duke Energy in $2.8 Billion Deal with Brookfield Renewable for Commercial Renewables Business Updated On Tue, Jun 13th, 2023 by Saurenergy A key US electricity distributor and generator, Duke Energy has announced reaching reached an agreement to sell its unregulated utility scale commercial renewables business to Brookfield Renewable for $2.8 billion. Brookfield is one of the world’s largest owners and operators of renewable power and climate transition assets. Duke Energy’s expected net proceeds from this transaction […] Read more
Canada’s Brookfield Invests $2 Billion in Scout Clean Energy, Standard Solar Updated On Mon, Oct 3rd, 2022 by Saurenergy Brookfield Renewable, which owns, operates and develops renewable power, together with its institutional partners, has announced two investments in the US renewable energy sector. Brookfield will acquire Scout Clean Energy for $1 billion with the potential to invest an additional $350 million to support the business’ development activities. It also announced the closing of its […] Read more
Brookfield Renewable Invests $3 Billion In Growth Initiatives In Second Quarter Updated On Tue, Aug 9th, 2022 by Saurenergy Brookfield Renewable Partners has reported financial results for the three and six months ended June 30, 2022. The Canada-based company has held that it had invested heavily for the growth of the businesses. Connor Teskey, CEO of Brookfield Renewable, declared, “The business performed well this quarter, as we delivered strong financial results, commissioned 1,000 megawatts […] Read more
Brookfield Renewable Announces Strong First Quarter Results Updated On Wed, May 5th, 2021 by Saurenergy Brookfield Renewable Partners L.P. today reported financial results for the three months ended March 31, 2021. “We had a strong quarter, as we executed on our key priorities, including investing in growth, delivering on our corporate contracting initiatives and bolstering our liquidity,” said Connor Teskey, CEO of Brookfield Renewable. “The tailwinds for renewables are accelerating as […] Read more
