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...

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