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Stocks in play: Brookfield Renewable

Baystreet.ca - Baystreet - Tue Sep 24, 8:55AM CDT

And Abu Dhabi Future Energy Company PJSC - Masdar, the UAE’s clean energy powerhouse, today announced the proposed acquisition of Saeta Yield from Brookfield Renewable together with its institutional partners, for an implied enterprise value of c. $1.4 billion (€1.2 billion). Closing of the transaction is subject to customary approvals and is expected to occur around the end of 2024. Brookfield Renewable shares T.BEP.UN are trading up $0.29 at $36.46.

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