ORG News: Brookfield to step up Australia renewables investment with $10.2 bln Origin deal - 28th Mar 2023, 11:57am

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By Praveen Menon and Scott Murdoch

SYDNEY, March 28 (Reuters) - Brookfield Asset Management will spend about $13.3 billion over the next decade to replace Origin Energy's Australian power generation infrastructure with new-build renewables and storage facilities, a senior executive said on Tuesday.

Origin Energy on Monday agreed to a A$15.35 billion ($10.21 billion) takeover offer from a consortium led by Canada's Brookfield, nearing the conclusion of one of the country's biggest private equit...

>>> Read more: Brookfield to step up Australia renewables investment with $10.2 bln Origin deal
 
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