Brookfield Seeks $1 Billion Green-Power Deals in Buyer’s Market

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 37 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 49%
  • Publisher: 50%

Alternative Energy 뉴스

Business,Markets,Company News

Brookfield Asset Management Ltd. sees an opportunity to ink billion-dollar deals in the renewable-power industry after valuations dropped in recent years.

William Mathis and Priscila Azevedo RochaBenjamin Klein, senior portfolio manager at Baskin Wealth Management, joins BNN Bloomberg to discuss his top stocks this Canadian earnings season.

The asset manager said earlier this year that it raised $10 billion for a fund dedicated to investing in the energy transition as well as $2.4 billion for a similar fund focused on emerging markets. It’s now looking for investments of around $1 billion of equity, according to Natalie Adomait, managing partner in Brookfield’s renewable power and transition group.

Any deal would follow the firm’s purchase this year of a majority stake in Neoen SA that moved it closer to a €6.1 billion takeover of the French renewable developer. That came after troubles in the offshore wind industry — including higher interest rates and supply chain snarls — cut valuations of publicly-traded renewable power companies.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 83. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Brookfield Seeks $1 Billion Green-Power Deals in Buyer’s Market(Bloomberg) -- Brookfield Asset Management Ltd. sees an opportunity to ink billion-dollar deals in the renewable-power industry after valuations dropped in...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »