Brookfield Asset Management to acquire 53.12% shares of Neoen at 39.85 euros per share

PARIS: On June 24, 2024, following completion of Neoen’s works council information and consultation process, a share purchase agreement has been signed between Brookfield Asset Management and Impala, the Fonds Stratégique de Participations managed by ISALT, Cartusia, Xavier Barbaro and other shareholders, to acquire approximately 53.12% of the outstanding shares of Neoen at a price…

Brookfield and partners negotiate to purchase 53.32% in Neoen at 39.85 euros/share

PARIS: Brookfield (NYSE: BAM, TSX: BAM), together with its institutional partners including Brookfield Renewable and Temasek, through a special purpose vehicle exclusively controlled by Brookfield, has entered into exclusive negotiations to purchase a 53.32% shareholding in Neoen, a leading global renewable energy developer headquartered in France, from Impala, the Fonds Stratégique de Participations (FSP), Cartusia…

Neoen begins constructing 100 MW battery in Australian Capital Territory

SYDNEY, AUSTRALIA: Neoen has provided notice to proceed to battery storage experts Doosan, signaling the start of construction of its 100 MW/200 MWh Capital Battery. The project is located next to TransGrid’s Queanbeyan substation, which is in the Australian Capital Territory (ACT). The ACT is an internationally recognized 100% renewable electricity jurisdiction, focused on reaching…