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Globeleq acquires Brookfield’s South African renewables portfolio

By:  
Contributing Editor Online
 
RENEWABLES
Globeleq has entered into an agreement with an affiliate of Brookfield Asset Management to acquire Brookfield’s interest in its South African renewable energy portfolio.   The agreement is subject to various closing conditions and, once fulfilled, will give Globeleq a majority shareholding in six renewable projects totaling 178 MW, as well as ownership of Brookfield’s South African asset management company.  
 
 
 
 
 

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