Brookfield Sells 1.6 GW Renewables Portfolio to Gentari

10 Mar 2025 CW Team

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)

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..