Brookfield to Acquire Duke’s Utility-Scale Renewables Business for $2.8 Billion

The sale includes more than 3.4 GW of utility-scale solar, wind, and battery storage projects

June 13, 2023

/ Arjun Joshi
/ Finance and M&A, Renewable Energy
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Renewable energy company Brookfield Renewable is set to acquire Duke Energy’s unregulated utility-scale commercial renewables business in the U.S. for approximately $2.8 billion. The amount includes the assumption of debt and non-controlling tax equity interests.

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Arjun Joshi

More articles from Arjun Joshi.
AcquisitionBattery storageBrookfield RenewableDuke EnergyrenewablesSolarwind
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