An assessment of the human rights performance of the world’s leading solar and wind power companies has painted a grim state of affairs, with the only dedicated solar manufacturer analyzed scoring 7%.
Globeleq bought the solar plants — which are part of a bigger portfolio that includes wind farms — from an affiliate of Brookfield Asset Management. It said that in the coming weeks it will also reach financial close on another 66 MW solar installation, pushing the PV portion of the acquired portfolio up to 119 MW. It currently holds 238 MW of combined solar and wind capacity in South Africa.
Global Infra Partners, KKR, Brookfield, I Squared Capital and Macquarie are reported to be among those eyeing the renewable energy assets of debt riddled Infrastructure Leasing and Financial Services.
Canadian asset management firm, Brookfield and Chinese industrial logistics provider, GLP will install C&I rooftop solar arrays across China under a new joint venture, eventually building out a 1 GW portfolio.
On the heels of its acquisition by Brookfield, the yieldco is putting its financial house in order.
Settlement of securities lawsuits is the final step before the Canadian asset manager can consummate the acquisition of the second of SunEdison’s former yieldcos.
The rulings help clear the way for Brookfield’s acquisition of the two yieldcos, and close a long and difficult chapter in the story of the three companies.
Brookfield has agreed to acquire a 51% stake in yieldco TerraForm Power and plans to become the company’s sponsor, as well as acquiring TerraForm Global outright.
The two yieldcos have entered into an exclusive agreement with Brookfield towards a purchase of the company, and entered into an MOU with SunEdison towards settling lawsuits to enable this sale.
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