Deals
Hydropower-Focused Brookfield Sees More Sunshine in Future
- Brookfield said in advanced talks to buy stake in Atlantica
- Atlantica would be Brookfield’s third yieldco deal this year
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Brookfield Asset Management Inc., the owner of just a half-megawatt of solar power, is going all in on sunshine.
Eight months after agreeing to acquire almost 4 gigawatts of solar and wind power from fallen clean-energy giant SunEdison Inc., Brookfield is now said to be in advanced talks to buy a 41.5 percent stake in Atlantica Yield Plc, which owns about 1.4 gigawatts of renewable-energy assets.