Brookfield closes $20 billion Altérra-anchored fund

Brookfield closes $20 billion Altérra-anchored fund

Brookfield Asset Management raised $20 billion, with Abu Dhabi energy transition fund Altérra as an anchor investor, for green investments, oversubscribed due to surging investor interest in clean power for AI. Altérra previously said it would invest $2 billion in Brookfield Global Transition Fund II, and nearly a quarter of the investment will come from Brookfield’s holding company, Brookfield Corp., according to the Financial Times. The fund’s…

Brookfield Raises $20 Billion for Largest-Ever Energy Transition Fund

Brookfield Asset Management announced that it has raised $20 billion in commitments and strategic capital at the final close of the Brookfield Global Transition Fund (BGTF II), marking the largest-ever private fund dedicated to the transition to clean energy. In addition to exceeding its fundraising target and exceeding the size of its record-breaking predecessor BGTF fund, […]