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Developer X-Elio sells to Brookfield extending fund's position in Australia – pv magazine Australia - Vimarsana News

Developer X-Elio sells to Brookfield extending fund's position in Australia – pv magazine Australia

Canadian investment giant Brookfield will acquire the remaining 50% stake in Spain-based renewables developer X-Elio from its joint venture partner, investment firm KKR. X-Elio has more than 500 MW of projects in development in Australia and the move from Brookfield, which is also currently looking to takeover Origin Energy, a major Australian “gentailer,” extends the ambitious company’s hold in Australia.

Brookfield Renewable has full control of X-Elio after acquisition - Vimarsana News

Brookfield Renewable has full control of X-Elio after acquisition

Brookfield Renewable acquires a 50% stake in renewable developer X-Elio from its joint venture partner and investment firm KKR.