brookfield

The deal values National Grid Renewables - the US project development arm of the UK's National Grid - at approximately US$1.735 billion.

Three investments into the US community solar sector paint a picture of a fast-growing sector being targeted by private asset managers.

French independent power producer (IPP) Neoen has secured AU$1.4 billion (US$890 million) in capital to fuel new solar PV, wind and energy storage projects in Australia.

Canadian asset owner Brookfield has acquired a majority stake in Indian clean power company Leap Green Energy in a US$200 million equity investment.

Canadian asset manager Brookfield has signed a share purchase agreement with French independent power producer (IPP) Neoen.

Over the last six months, two major US utilities – American Electric Power (AEP) and Duke Energy – have been selling off their commercial solar PV assets to private investment groups and consolidating their operations in regulated markets.

US utility Duke Energy has completed the sale of its utility-scale renewables arm to renewables asset owner Brookfield Renewable.

Indian renewable energy firm Axis Energy Group has launched a joint venture (JV) with Brookfield India – the local arm of global investment firm and asset owner Brookfield – backed by an initial investment of US$845 million.

Renewables asset owner Brookfield Renewable is planning to commission at least 18GW of clean energy projects in the next three years.

India-based renewables developer Avaada Group has raised US$1 billion from asset owner Brookfield Renewable to fund the growth of its renewable energy platform in India.