2 days ago
- Business
- AU Financial Review
Brookfield's Neoen weighs offloading SA's Hornsdale Wind Farm
Brookfield has only just finalised a deal to sell the Victorian assets of its newly acquired Neoen renewable energy platform – and it's already thinking about its next deal, considering the sale of a majority stake in South Australia's Hornsdale Wind Farm north of Adelaide.
The Canadian asset manager spent $10 billion buying the French renewables developer, and its sprawling Australian assets, but was forced to offload the Victorian portfolio to defray competition concerns. Thankfully, David Di Pilla's HMC Capital turned up and secured the asset.