Brookfield to Acquire Majority Stake in Neoen, Expanding Renewable Energy Portfolio

Brookfield has reached an agreement to purchase a majority stake in Neoen, a prominent French renewable energy and battery developer. The acquisition, valued at approximately €39.85 per share, encompasses around 53.12% of Neoen's outstanding shares in what is termed the "Block Acquisition." In a recent statement, Brookfield outlined its strategic move, stating, "We are pleased