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Canada’s Brookfield looking to partially offload 1.6GW clean energy assets in India

Canadian investor Brookfield Asset Management, among the largest infrastructure investors in the world, plans to offload renewable energy assets with a capacity of about 1.6GW. A potential deal is likely to value them at around Rs 10,000 crore enterprise value, inclusive of debt.

Why it’s important: Five years after entering the renewables sector in the country, Brookfield is looking to partially monetize its clean energy assets. Finding suitable buyers wouldn’t be a problem as there is keen investor interest in India’s energy transition. Moneycontrol

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