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Brookfield Bids for TerraForm Power (Ind. Report, M&A)
Brookfield Renewables,TerraForm
Date: 2020-01-15
Markham, Ontario-headquartered Brookfield Global Integrated Solutions is reporting a takeover bid for all outstanding shares of clean energy developer TerraForm Power, of which it and its affiliates
presently own 62 pct.
TerraForm has stakes in 2,392MW of wind and 1,674MW of solar PV facilities in the US, Europe, Canada, Chile and Uruguay.
The deal is board, regulatory and other approvals. (Source: Brookfield Global Integrated Solutions, WindPower, 13 Jan., 2020)
Contact: Brookfield Global Integrated Solutions, Gordon Hicks, CEO, (905) 943-4100, www.brookfieldgis.com;
TerraForm Power, (240) 762-7700, information@terraform.com, www.terraform.com
More Low-Carbon Energy News Brookfield Renewables, TerraForm,