Brookfield is close to concluding a transaction to purchase majority shares in Neoen

Brookfield is in exclusive talks to acquire a majority stake in Neoen SA in a deal that values ​​the French renewable energy developer at around 6.1 billion euros ($6.6 billion).

According to Thursday’s statement, confirming an earlier Bloomberg News report, the Canadian asset manager is considering purchasing a 53.3% stake in Neoen at a price of EUR 39.85 per share. The potential offer represents a premium of 26.9% to Neoen’s last closing price in Paris.