Brookfield Investing Up To R$ 4.5bi In Solar Power In Brazil

As July came to an end, Brookfield announced its partnership with Solatio to build the largest solar energy complex in Latin America.

© Leaders League


In July, Canadian investment fund Brookfield signed a R$4.5 billion agreement with Spain's multinational Solatio to build what is set to be the largest solar energy complex in Latin America. It will be located in Janaúba, a city in the Northern part of the Brazilian State of Minas Gerais.

 

In addition, Brookfield recently acquired an advanced project of solar energy which generates over 1.200 MegaWatts and represents a huge progress in the company's expansion project.

 

According to the company’s CEO, Sachin Shah: “This acquisition represents an unique opportunity to invest in one of the largest solar energy development projects in the world. This investment is in line with our strategy of acquiring projects in their final stage of development at attractive prices.”

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