Editing Brookfield Renewable Partners L.P.
The edit can be undone. Please check the comparison below to verify that this is what you want to do, and then publish the changes below to finish undoing the edit.
Latest revision | Your text | ||
Line 190: | Line 190: | ||
=== Westinghouse === | === Westinghouse === | ||
Brookfield Renewable Partners formed a strategic partnership with Cameco to acquire Westinghouse, one of the world's largest nuclear services businesses. The company believes that nuclear power and hydroelectricity are the only clean forms of baseload power generation. | Brookfield Renewable Partners formed a strategic partnership with Cameco to acquire Westinghouse, one of the world's largest nuclear services businesses. The company believes that nuclear power and hydroelectricity are the only clean forms of baseload power generation. Expected total equity to be invested is around $4.5 billion, and the company along with it's partners will own 51% interest. The transaction is expected to close in the second half of 2023. | ||
=== Other Investments === | === Other Investments === | ||
Brookfield Renewable has invested in a number of asset classes complementary to | Brookfield Renewable has invested in a number of asset classes complementary to core renewable assets, such as carbon capture and storage, recycling and renewable natural gas (RNG). This includes an investment in California Bioenergy, a leading developer, operator and owner of RNG. The company has invested an initial $150 million in a downside protected convertible structure, and have a priority right to invest an additional $350 million to support the development of new agriculture RNG assets. | ||
== '''<u>Management</u>''' <ref>https://www.brookfield.com/about-us/leadership?filter=49</ref> == | == '''<u>Management</u>''' <ref>https://www.brookfield.com/about-us/leadership?filter=49</ref> == |