Brookfield set to acquire majority stake in renewable giant Neoen in strategic shift
In a strategic move within the renewable energy sector, Brookfield Asset Management Inc. (NYSE: BAM, TSX: BAM), along with its institutional partners including Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC) and Temasek, through Brookfield Renewable Holdings, has initiated exclusive negotiations to acquire a 53.32% shareholding in Neoen (ISIN code: FR0011675362, Ticker: NEOEN). The parties […]