Brookfield closes acquisition of 50% stake in X-Elio

Date February 20, 2020
Type M&A Transactions
Subtype Transaction completed
Countries Spain Japan Chile Mexico (USA) United States of America
Subsectors Photovoltaic
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Brookfield Asset Management has closed the acquisition of the 50% stake in the Spanish renewable energy developer X-Elio in the fourth quarter of 2019.

In November 2019, the European Commission has approved the deal entered by Brookfield and KKR & Co. Inc. which currently solely controls X-Elio.

X-Elio builds and operates photovoltaic plants in the United States, Europe, Africa, and Asia.

 

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