TerraForm Power firms $1.2bn bid for Saeta Yield

The Brookfield-owned platform is set to significantly boost its European presence, where it currently owns just 11MW in the UK, with its offer for the ACS/GIP renewables vehicle. The offer will be funded via a $400 million equity offering, which Brookfield has agreed to backstop, as well as $800 million of liquidity.

DealsfeaturedRenewables