Published 3 months ago

Brookfield closes US$10 billion in first round of Global Transition Fund

Summary by Ground News

Brookfield recorded a record year for its renewables arm in 2023. It signed a US$2.8 billion deal with US utility Duke Energy last year. The second fund is expected to close in Q3 2024. It will invest in renewable power, carbon capture and storage, renewable natural gas, and nuclear.

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Brookfield closes US$10 billion in first round of Global Transition Fund

The first US$10 billion close of this second fund includes a seed portfolio of an unnamed UK onshore renewables developer and a solar development partnership in India.

3 months ago

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Brookfield closes US$10 billion in first round of Global Transition Fund

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Brookfield closes US$10 billion in first round of Global Transition Fund

Brookfield closes US$10 billion in first round of Global Transition Fund

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