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Showing 1 - 10 of 21 results for "Brookfield"

First dedicated transition fund for emerging markets

ROSE MARY PETRASS  |  THURSDAY, 20 JUN 2024  |  NEWS
A newly launched fund from Brookfield and ALTÉRRA promises to help fund the clean energy transition in emerging markets with a target of up to $5 billion. The Catalytic Transition Fund received an anchor commitment of $1 bn from UAE-backed ALTÉRRA ...

Brookfield bids for majority stake in Neoen

ANDREW MCKEAN  |  MONDAY, 3 JUN 2024  |  NEWS
Brookfield and its institutional partners have lobbed a bid to acquire a 53% majority stake in French renewable energy company Neoen from current owners, including Impala, the investment vehicle of French entrepreneur Jacques Veyrat and his family ...

Members shouldn't carry energy and housing

MICHELLE BALTAZAR  |  FRIDAY, 15 MAR 2024  |  NEWS
... AustralianSuper, as a shareholder of listed company Origin Energy, rejected the takeover bid by a consortium led by Brookfield Asset Management and EIG Partners late last year. "If you've got a car that you think is worth $14,000, and it's insured ...

Grok Ventures appoints new CEO

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2024  |  NEWS
... remains the largest shareholder in AGL Energy after a failed bid to privitise the company in 2022 in partnership with Brookfield.

Brookfield reaches first close on second transition fund

RACHEL ALEMBAKIS  |  THURSDAY, 8 FEB 2024  |  NEWS
Brookfield Asset Management has raised US$10 billion for a second global transition fund. The global asset manager announced the first close of the second Brookfield Global Transition Fund (BGTF II), which saw support from both existing and new investors. ...

Origin CFO retires

RACHEL ALEMBAKIS  |  THURSDAY, 1 FEB 2024  |  NEWS
... worked at Alcoa. Tremaine held the CFO role through the tumultuous $10.6 billion takeover bid by a consortium led by Brookfield last year, a deal that was rejected by shareholders, including its largest shareholder, AustralianSuper. AustralianSuper based ...

COP28: Climate finance, carbon markets take centre stage

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
... billion catalytic climate fund focused on scaling climate solutions in emerging economies. With BlackRock, TPG, and Brookfield as partners the fund includes US$5 billion in concessional funding and aims to mobilise of up to US$250 billion in investment ...

AustralianSuper rejects latest Brookfield overture

RACHEL ALEMBAKIS  |  MONDAY, 13 NOV 2023  |  NEWS
AustralianSuper has knocked back an offer to maintain an interest in Origin Energy if the Brookfield-led consortium is successful in acquiring the energy giant. "AustralianSuper has rejected an eleventh hour and unsolicited letter received from the ...

Brookfield ups the ante on Origin by $1.2bn

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
The Brookfield-led consortium has increased its bid for Origin Energy by $1.2 billion, a move that has been knocked back by its largest investor AustralianSuper. Brookfield, in conjunction with consortium partners GIC, Temasek and MidOcean, an LNG company ...

ACCC approves Origin Energy bid on renewable grounds

RACHEL ALEMBAKIS  |  WEDNESDAY, 11 OCT 2023  |  NEWS
The Australian Consumer and Competition Commission (ACCC) has greenlit Brookfield and MidOcean's proposed acquisition of Origin Energy. The ACCC partially based its authorisation on the public benefit of the proposed accelerated roll-out of renewable ...
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