Globeleq acquires six operating renewable plants

Issue 374 - 27 Jul 2018
UK-based power developer Globeleq announced on 18 July that the company has reached a definitive agreement with an affiliate of New York Stock Exchange-listed Brookfield Asset Management to acquire majority stakes in six renewable energy projects with combined capacity of 178MW. The deal, which is subject to outstanding conditions, includes Globeleq taking a majority position in Brookfield’s South African asset management company.

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