Brookfield closes control acquisition of U.K.'s Greenergy Fuels

The private equity group of Brookfield Asset Management has closed its buy of an 85 percent controlling stake in Greenergy Fuels Holdings Ltd, a supplier of road fuels to consumers in the United Kingdom. The terms of the deal, announced in February, were not released; however, as PE Hub Canada has reported, Brookfield expects to invest about £210 million (US$260 million) of equity in the acquisition. London-based Greenergy is one of five major platform investments made by Brookfield Capital Partners IV, which raised US$4 billion last year. Another investment, Brazil's BRK Ambiental, closed last month.

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