The first US$10 billion close of this second fund includes a seed portfolio of an unnamed UK onshore renewables developer and a solar development partnership in India.
Brookfield Asset Management and Indian conglomerate Reliance Industries have signed a memorandum of understanding (MoU) to pursue renewable energy manufacturing opportunities in Australia.
Canadian renewable energy company Brookfield Asset Management has established a mutual agreement with Amazon Web Services (AWS) that will see 600MW of solar and wind capacity provided to fuel Amazon’s operations. Brookfield will also employ AWS’ technology and digital capabilities to optimise its infrastructure.
Pattern Energy responds to a Bloomberg report that claimed Toronto-based Brookfield Asset Mangement is interested in merging Pattern with its majority-owned renewable arm, TerraForm Power.
Project developer ReneSola will sell a 206.8MW portfolio of Chinese distributed generation projects to the Canadian investor Brookfield Asset Management.
Africa-focused independent power producer Globeleq is to acquire Brookfield Asset Management’s interests in a South African renewable energy portfolio, involving six projects with a cumulative capacity of 178MW.
Brookfield Asset Management and logistics provider GLP have formed a 50:50 joint venture to develop and operate distributed rooftop solar PV on logistics and commercial rooftops in China.
The long and painful saga of SunEdison’s fall from grace would seem to be at an end after the renewables firm officially emerged from Chapter 11 bankruptcy on December 29, 2017.
