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Home » News » Brookfield to Acquire Majority Stake in India’s Leap Green Energy for Up to USD 550 Million
News

Brookfield to Acquire Majority Stake in India’s Leap Green Energy for Up to USD 550 Million

By Don PadillaJuly 14, 20241 Min Read
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Credit: John Guccione/Pexels
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Canadian asset manager Brookfield Asset Management Ltd has announced definitive agreements to secure a majority controlling stake in Indian renewables platform Leap Green Energy Pvt Ltd, in a deal valued at up to USD 550 million (EUR 505.3 million). Under the terms, Brookfield will initially invest over USD 200 million through subscribing to new shares

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