Brief: Brookfield To Invest Up To $2 Billion In Scout Clean Energy And Standard Solar

Brookfield Renewable

29/09/2022 13:28

Sept 29 (Reuters) - Brookfield Renewable Corp  BEPC.N :
    * BROOKFIELD TO INVEST UP TO $2 BILLION IN SCOUT CLEAN
ENERGY AND
STANDARD SOLAR
    * BROOKFIELD RENEWABLE CORP - AGREED TO ACQUIRE SCOUT CLEAN
ENERGY
FOR $1 BILLION
    * BROOKFIELD RENEWABLE - DEAL WITH SCOUT CLEAN ENERGY
INCLUDES
POTENTIAL TO INVEST ADDITIONAL $350 MILLION TO SUPPORT BUSINESS'
DEVELOPMENT ACTIVITIES
    * BROOKFIELD RENEWABLE - BOTH SCOUT AND STANDARD SOLAR WILL
CONTINUE TO OPERATE AS INDEPENDENT BUSINESSES WITHIN BROOKFIELD
RENEWABLE U.S. PLATFORM
    * BROOKFIELD RENEWABLE CORP - TRANSACTIONS WILL BE INVESTED
THROUGH BROOKFIELD GLOBAL TRANSITION FUND I
    * BROOKFIELD RENEWABLE - ANNOUNCES CLOSING OF ACQUISITION OF
STANDARD SOLAR FOR CONSIDERATION OF $540 MILLION WITH POTENTIAL
TO INVEST ADDITIONAL $160 MILLION

Source text for Eikon:  ID:nGNXbdKXNW 
Further company coverage:  BEPC.N 
 ((Reuters.Briefs@thomsonreuters.com;))