Canada's Brookfield acquires UK firm Banks Group's renewable energy unit

 

 

 

 

Canadian company Brookfield has announced the acquisition of the renewable energy division of UK firm Banks Group. The deal, which was finalized on October 3rd, marks Brookfield's entry into the UK's renewable energy market. The acquisition includes a range of renewable energy assets, such as onshore wind farms and solar projects. Brookfield's move comes as part of its ongoing expansion into the renewable energy sector, which aligns with the company's goals of investing in sustainable and green infrastructure. The transaction also highlights the growing interest in renewable energy investments, as countries around the world strive to transition to cleaner sources of power.

 

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