Billion-Dollar Backing from Global Heavyweights
Among the fund’s key supporters are ALTÉRRA, which pledged $2 billion, and Norges Bank Investment Management, contributing $1.5 billion. Combined with $3.5 billion in co-investments, the strategy’s total capital commitments reach a staggering $23.5 billion.
Brookfield has already deployed more than $5 billion across its global transition portfolio, including high-impact deals like:
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Neoen — a public-to-private takeover of a renewable power and battery storage operator.
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Geronimo Power — a large-scale diversified U.S. energy developer acquisition.
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Evren — a joint venture in India aiming to accelerate the creation of 10 gigawatts of wind, solar, and storage capacity.
Tech Giants and Energy Titans Join Forces
Further highlighting the fund’s global reach, Brookfield recently inked framework energy supply agreements with Microsoft and Google — heralded as the largest wind, solar, and hydroelectricity deals ever struck. These agreements demonstrate the growing synergy between tech innovation and renewable infrastructure, marking a new era of collaboration between digital and energy economies.
While Brookfield declined to reveal its legal counsel for the record-setting transaction, the scope of the fund’s success is already echoing across the global finance and energy sectors.
