Canadian alternative-investment giant Brookfield said it’s leading talks to buy a majority stake, and then buy out, French renewable energy provider Neoen.
Brookfield BAM, its mostly held Brookfield Renewable BEP unit and the Singapore sovereign wealth fund Temasek are in exclusive talks to buy a 53% stake in Neoen FR:NEOEN held by the investment holding company of French entrepreneur Jacques Veyrat, the Fonds Stratégique de Participations, run by an alliance of seven French insurers that finances French companies, and by…
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