Brookfield Raises $20B to Scale India Wind, Solar & Storage
POWER & RENEWABLE ENERGY

Brookfield Raises $20B to Scale India Wind, Solar & Storage

Brookfield Asset Management has announced the close of its Global Transition Fund II (BGTF II), securing $20 billion in institutional commitments. With additional co-investments, the total commitments amount to approximately s$23.5 billion, surpassing the fund’s initial target and marking another major step in Brookfield’s clean energy investment strategy.
More than $5 billion from this fund has already been allocated to energy transition projects, including Brookfield’s joint venture in India, Evren, which plans to develop over 10 GW of wind, solar, and energy storage capacity. The venture underlines the company’s continued focus on scaling renewable power generation in key growth markets.
Brookfield’s first transition vehicle, BGTF I, had raised about $15 billion, backing projects in clean energy, carbon capture, sustainable aviation fuel, battery storage, and nuclear services. The new fund extends this strategy, supporting global efforts to accelerate decarbonisation through diversified, long-term infrastructure investments.
According to Brookfield, rising global electricity demand—driven by industrial growth and electrification—makes sustained capital deployment in low-carbon technologies increasingly critical. BGTF II will continue channelling investment into projects that promote renewable capacity, energy storage, and system reliability, reinforcing Brookfield’s role in advancing the global energy transition.

Brookfield Asset Management has announced the close of its Global Transition Fund II (BGTF II), securing $20 billion in institutional commitments. With additional co-investments, the total commitments amount to approximately s$23.5 billion, surpassing the fund’s initial target and marking another major step in Brookfield’s clean energy investment strategy.More than $5 billion from this fund has already been allocated to energy transition projects, including Brookfield’s joint venture in India, Evren, which plans to develop over 10 GW of wind, solar, and energy storage capacity. The venture underlines the company’s continued focus on scaling renewable power generation in key growth markets.Brookfield’s first transition vehicle, BGTF I, had raised about $15 billion, backing projects in clean energy, carbon capture, sustainable aviation fuel, battery storage, and nuclear services. The new fund extends this strategy, supporting global efforts to accelerate decarbonisation through diversified, long-term infrastructure investments.According to Brookfield, rising global electricity demand—driven by industrial growth and electrification—makes sustained capital deployment in low-carbon technologies increasingly critical. BGTF II will continue channelling investment into projects that promote renewable capacity, energy storage, and system reliability, reinforcing Brookfield’s role in advancing the global energy transition.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->