Brookfield Takes Control of Western Wind Energy
Brookfield Renewable Energy Partners LP, a renewable power platform managed by Toronto's Brookfield Asset Management, has gained control over the majority of common shares in Western Wind Energy Corp. Brookfield acquired 59.7% of the common shares of independent shareholders in the company for approximately $92 million, raising Brookfield's total equity stake to 66.1%. The Vancouver, British Columbia-based Western Wind owns and operates wind and solar generating facilities located in the United States.
24 February 2013•3 mins read
