Brookfield in talks to buy Abengoa's stake in Atlantica: Reuters

Toronto-based Brookfield Asset Management Inc is in advanced talks to buy Abengoa SA’s 41.5 percent stake in its U.S. unit Atlantica Yield Plc, Reuters reported, citing a story by Bloomberg. Brookfield's clean energy unit, Brookfield Renewable Partners LP, and Spain's Abengoa could reach an agreement within weeks, the story said. Reuters had reported in April that renewable energy company Abengoa had started a process to sell its 41 percent stake valued at US$900 million.

5 October 2017•1 min read
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