Brookfield selling stake in Isagen.
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| Title: | Brookfield selling stake in Isagen. |
|---|---|
| Authors: | Esteban Duarte and Paula Sambo Bloomberg |
| Source: | Toronto Star (Canada). 07/23/2025. |
| Abstract: | A Brookfield Asset Management infrastructure fund is generating a return of 18 per cent by selling a stake in a renewable power company in Colombia to investors led by an affiliate of the New York-based investment firm, according to people familiar with the matter. Managers at Brookfield Infrastructure Fund III told investors Friday they had reached an agreement to exit the asset via a sale to a consortium led by Brookfield Renewable Partners and the Qatar Investment Authority, in a deal that will deliver about $1.4 billion (U.S.) or 3.3 times gross multiple of invested capital, according to the people, who asked not to be identified discussing private information. [ABSTRACT FROM PUBLISHER] |
| Database: | Newspaper Source Plus |
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| FullText | Text: Availability: 1 |
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| Header | DbId: n5h DbLabel: Newspaper Source Plus An: 6FPTS2025072376153679 AccessLevel: 6 PubType: News PubTypeId: newspaperArticle PreciseRelevancyScore: 0 |
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| Items | – Name: Title Label: Title Group: Ti Data: Brookfield selling stake in Isagen. – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Esteban+Duarte+and+Paula+Sambo+Bloomberg%22">Esteban Duarte and Paula Sambo Bloomberg</searchLink> – Name: TitleSource Label: Source Group: Src Data: <searchLink fieldCode="JN" term="%22Toronto+Star+%28Canada%29%22">Toronto Star (Canada)</searchLink>. 07/23/2025. – Name: Abstract Label: Abstract Group: Ab Data: A Brookfield Asset Management infrastructure fund is generating a return of 18 per cent by selling a stake in a renewable power company in Colombia to investors led by an affiliate of the New York-based investment firm, according to people familiar with the matter. Managers at Brookfield Infrastructure Fund III told investors Friday they had reached an agreement to exit the asset via a sale to a consortium led by Brookfield Renewable Partners and the Qatar Investment Authority, in a deal that will deliver about $1.4 billion (U.S.) or 3.3 times gross multiple of invested capital, according to the people, who asked not to be identified discussing private information. [ABSTRACT FROM PUBLISHER] |
| PLink | https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=n5h&AN=6FPTS2025072376153679 |
| RecordInfo | BibRecord: BibEntity: Languages: – Code: eng Text: English Titles: – TitleFull: Brookfield selling stake in Isagen. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Esteban Duarte and Paula Sambo Bloomberg IsPartOfRelationships: – BibEntity: Dates: – D: 23 M: 07 Text: 07/23/2025 Type: published Y: 2025 Titles: – TitleFull: Toronto Star (Canada) Type: main |
| ResultId | 1 |