Brookfield Bets $11.8 Billion On Australia’s Energy Transition

November 9, 2022
Posted by: AliensFaith
Category: OBJECTIVE PRESS

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Brookfield Asset Management has led a consortium that looks set to acquire Australian utility Origin Energy for some $11.8 billion, a move that is seen as a way to access big opportunities in Australia’s clean energy transition. Reuters noted in its report on the news that Origin Energy’s board has backed the Brookfield-led takeover. Bloomberg reported that the deal, if completed, would be the third-largest acquisition in Asia. For Australia, it would be the largest since the start of the year, according to Reuters. This is Brookfield’s…

Author: AliensFaith

HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

Brookfield Bets $11.8 Billion On Australia’s Energy Transition

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