Brookfield Asset Management acquires 53.32% stake in Neoen for $6.6B, supporting Neoen's renewable energy growth.
Brookfield Asset Management, along with partners, is acquiring a 53.32% stake in French renewable energy developer Neoen for €39.85 per share, valued at $6.6 billion. The deal, which follows Brookfield's agreement to supply Microsoft with over 10,500 MW of renewable power, aims to accelerate Neoen's growth to meet the increasing demand for green power.
May 30, 2024
21 Articles