+
Brookfield Sells 1.6 GW Renewables Portfolio to Gentari
POWER & RENEWABLE ENERGY

Brookfield Sells 1.6 GW Renewables Portfolio to Gentari

Brookfield Asset Management has sold its 1.6 GW solar and wind portfolio in India to Gentari Renewables India in a two-phase deal. The first phase, involving the sale of 1 GW of operating assets, has been completed, marking Brookfield’s first full-cycle portfolio monetization in its renewable power and transition business in India. 

The sale followed the Competition Commission of India’s approval for Gentari Renewables to acquire Brookfield’s stake in 21 Special Purpose Vehicles (SPVs) managing renewable power generation projects and their holding companies. These include assets from TerraForm, Axis, Electryone, NTPC, and NHPC. 

Brookfield has a global renewable capacity of 46 GW and a development pipeline of approximately 200 GW across North and South America, Europe, and Asia Pacific, with a significant portion in hydroelectric, wind, solar, and storage projects. In India, its renewable portfolio includes around 40 GW of wind and solar assets in various stages of operation, construction, and development. 

Gentari Renewables has been expanding its presence in India’s clean energy sector. In November 2024, the company won a 400 MW capacity in SJVN’s auction for 1,200 MW wind-solar hybrid projects at a tariff of Rs 3.19/kWh. Brookfield also remains active in India, with the International Finance Corporation investing $105 million in its 550 MW solar project in Bikaner, Rajasthan, announced in June 2024. 

(mercom)    

Brookfield Asset Management has sold its 1.6 GW solar and wind portfolio in India to Gentari Renewables India in a two-phase deal. The first phase, involving the sale of 1 GW of operating assets, has been completed, marking Brookfield’s first full-cycle portfolio monetization in its renewable power and transition business in India. The sale followed the Competition Commission of India’s approval for Gentari Renewables to acquire Brookfield’s stake in 21 Special Purpose Vehicles (SPVs) managing renewable power generation projects and their holding companies. These include assets from TerraForm, Axis, Electryone, NTPC, and NHPC. Brookfield has a global renewable capacity of 46 GW and a development pipeline of approximately 200 GW across North and South America, Europe, and Asia Pacific, with a significant portion in hydroelectric, wind, solar, and storage projects. In India, its renewable portfolio includes around 40 GW of wind and solar assets in various stages of operation, construction, and development. Gentari Renewables has been expanding its presence in India’s clean energy sector. In November 2024, the company won a 400 MW capacity in SJVN’s auction for 1,200 MW wind-solar hybrid projects at a tariff of Rs 3.19/kWh. Brookfield also remains active in India, with the International Finance Corporation investing $105 million in its 550 MW solar project in Bikaner, Rajasthan, announced in June 2024. (mercom)    

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code