Climate Changed
Brookfield Renewable Sees Opportunities in Coal-Fueled India
- India’s movement away from coal creating renewable investment
- Mexico’s deregulation, Trump election creates opportunities
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Brookfield Asset Management Inc., Canada’s largest alternative asset manager, will look for renewable energy opportunities in India as the country seeks to reduce its reliance on coal.
"It’s looking for a way to create both domestic sources of power and reduce pollution," Sachin Shah, chief executive officer of Brookfield Renewable Partners LP, said on a conference call Wednesday. "So you’ve got strong government support. All of that fits in with our thesis that it could be a really great market for us to invest in over the next 50 years."