Brookfield Asset Management inks deal to snap up UK developer Banks Renewables

Cecilia Keating
clock • 2 min read
Brookfield Asset Management inks deal to snap up UK developer Banks Renewables

Canadian investment giant chaired by Mark Carney to acquire more than 11 onshore wind farms in Northern England and Scotland under deal reportedly worth around $1bn

Canadian investor Brookfield Asset Management has struck a deal to acquire the renewables arm of Durham-based family firm Banks Group for an undisclosed sum, the two firms announced yesterday. Under...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Cecilia Keating
Author spotlight

Cecilia Keating

View profile
More from Cecilia Keating

Why the Women in Green Business Awards is more important than ever

'Simplicity is key': Behind the scenes at UK direct air capture start-up Mission Zero Technologies

More on Wind

Could AI help protect seabirds from offshore wind farms?
Wind

Could AI help protect seabirds from offshore wind farms?

Study reveals how new AI-enabled camera technology is enabling a better understanding of how seabirds avoid offshore wind turbines

James Murray
James Murray
clock 28 April 2025 • 2 min read
'Clear signal of intent': Government pulls forward £300m in offshore wind supply chain funding
Wind

'Clear signal of intent': Government pulls forward £300m in offshore wind supply chain funding

Prime Minister confirms initial £300m of GB Energy investment ahead of summer Spending Review, as UK seeks to attract international offshore wind investors

Stuart Stone
Stuart Stone
clock 24 April 2025 • 5 min read
'New installation records': The global wind energy boom in eight charts
Wind

'New installation records': The global wind energy boom in eight charts

The Global Wind Energy Council's graphics tells the story of an industry pushing into new regions and reshaping the global energy system

Business Green
clock 23 April 2025 • 3 min read