brookfield asset mangement

TerraForm Power has confirmed that its acquisition by Brookfield remains on track.

Canadian Asset Management firm Brookfield has entered into exclusivity talks with the SunEdison yieldcos to discuss a potential buyout, according to a new regulatory filing.

Canada’s Brookfield Asset Management has proposed a takeover of TerraForm Power and TerraForm Global – either by buying out 100% of the company for cash, or purchasing its existing Class A and Class B shares and replacing SunEdison as sponsor.