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Brookfield buys $2.8bn Duke green arm

Richard Heap
June 13, 2023

Canadian investor Brookfield Renewable has agreed to pay $2.8bn to acquire the utility-scale renewables arm of US utility Duke Energy.

Duke's renewables arm owns 3.4GW of utility-scale solar, wind and battery storage projects across the US. The deal is due to close by the end of 2023.

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