Brookfield Plans Partial Sale of 1.6GW Indian Assets

01 Feb 2024

Canadian investor Brookfield Asset Management is exploring options to partially divest its clean energy assets in India, totalling 1.6 gigawatts (GW). The potential sale, which includes debt in the enterprise value, aligns with Brookfield's strategic portfolio management and capital deployment strategies.

The move signifies Brookfield's dynamic approach to its investments in the Indian clean energy sector. The consideration of partial offloading reflects the investor's focus on optimizing its portfolio while retaining strategic interests in the rapidly growing renewable energy market in India.

The clean energy assets under consideration for sale encompass a significant capacity of 1.6 GW, contributing to India's efforts to enhance its renewable energy infrastructure. The potential transaction, inclusive of debt, forms part of Brookfield's ongoing commitment to sustainable investments and aligns with the broader trend of global investors actively participating in India's renewable energy sector.

As India continues its push towards a cleaner and sustainable energy landscape, Brookfield's move to explore a partial sale underlines the attractiveness of the country's renewable energy market. The strategic decision by Brookfield to evaluate opportunities for asset optimisation reflects a nuanced approach to portfolio management in the context of evolving market dynamics and investment objectives.

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