Temasek, Brookfield Plan To Acquire Neoen
Posted on 06/04/2024
Brookfield Asset Management and Singapore’s Temasek are negotiating for a majority stake in renewable energy company Neoen. Based out of Paris, Neoen builds and operates solar and wind farms, and provides storage. The acquisition is expected to cost just under €40 per share, almost a 27% premium over the closing price. Neoen will be valued…