Brookfield Plans Partial Sale of 1.6GW Indian Assets
Real Estate

Brookfield Plans Partial Sale of 1.6GW Indian Assets

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.

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.

Next Story
Technology

We’re building robots that flow, not just move

Founded in 2021, Flo Mobility is reimagining construction automation with vision-AI robots designed for seamless movement through complex sites. In conversation with CW, Manesh Jain, Founder & CEO, discusses the company’s origin, its LiDAR-free tech stack, and expansion plans in the Middle East and US.What inspired the name Flo Mobility? Why ‘Flo’ and not ‘Flow’?When we started the company in 2021, our focus was on building autonomous navigation systems for robots. Since our work centred around robot movement, ‘mobility’ naturally became part of the name. We wanted to co..

Next Story
Real Estate

We’re committed to setting benchmarks in sustainable luxury living

From a landmark land acquisition in Boisar to ambitious launches across the Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru and Pune, Birla Estates is driving future-ready growth with a strong focus on sustainability, partnerships and premium living, firmly anchored in its LifeDesigned® philosophy. K T Jithendran, Managing Director & CEO, outlines the company’s premium, sustainable growth playbook in conversation with PRATAP PADODE, Editor-in-Chief, CW. Excerpts:Birla Estates recently acquired a 70.92-acre land parcel in Boisar, Maharashtra, for..

Next Story
Infrastructure Urban

Mumbai’s land crunch and ageing homes call for structured renewal

Founded in 2022, Etonhurst Capital Partners is a real-estate fund management platform focused on the Indian market. As the firm achieves the first close of Rs 1.8 billion for its debut Rs 5 billion fund, Bamasish Paul, Co-founder, Managing Partner & CEO, discusses its sharp focus on redevelopment-driven value creation in Mumbai’s urban core with CW. Excerpts:Etonhurst Capital has achieved a significant milestone with the first close of Rs 1.8 billion for its Rs 5 billion fund. What factors contributed to this early success and how do you plan to attract further investments to r..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?