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Brookfield to buy $500m stake in India’s Leap Green Energy

RICHARD HEAP

May 21, 2024

Brookfield Asset Management is set to pay $500m for a controlling stake in Indian renewables operator Leap Green Energy, which owns 750MW of assets including wind and solar farms.

The Canadian investor is seeking to buy a majority stake in Leap, which aims to grow its portfolio of renewables assets to 7GW by 2029. Leap’s founding family and the Rohatyn Group are set to retain minority stakes.

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