Brookfield will initially make an equity investment of over $200 million in Leap Green Energy, through subscription of new shares and acquisition of shares from current shareholders. It may infuse further $350 million of incremental equity capital to support Leap Green’s future growth in renewable energy solutions for the commercial and industrial sector.
Brookfield announced today that it has entered into definitive agreements to acquire a majority controlling stake in Leap Green Energy, a Tamil Nadu based renewable energy solutions provider to commercial and industrial (C&I) customers.
Brookfield will initially make an equity investment of over $200 million in Leap Green, through a combination of subscription of new shares and acquisition of shares from current shareholders. It has an option to infuse further $350 million of incremental equity capital to support Leap Green’s future…
