Brookfield provides additional $200 million to support PosiGen's growth, drive projects across expanding markets

NEW ORLEANS, Dec. 19, 2024 /PRNewswire/ -- PosiGen, PBC, the nation's leading provider of renewable energy and energy efficiency solutions for underserved communities and a Certified B Corporation, today announced that Brookfield Asset Management (Brookfield), through its high-yield infrastructure debt platform, has expanded its funding commitment with an additional $200 million investment.

ORLANDO, Fla., Dec. 17, 2024 /PRNewswire/ -- Summit Broadband, a leading fiber-optics telecommunications provider in Florida, announced the successful closing of an incremental $100 million debt facility and term expansion with Brookfield Asset Management ("Brookfield").

Backed by financial sponsor Grain Management ("Grain"), the company is committed to enhancing service for existing customers while expanding its residential and commercial fiber network footprint, further solidifying its position as a leading provider of high-performance connectivity solutions in Florida.

New Executive Leadership Under Corvino, Capital Raise Positions Company For Strong Future Growth

GAINESVILLE, Fla., Dec. 5, 2024 /PRNewswire/ -- Orthopedic Care Partners ("OCP" or the "Company"), a leading orthopedic practice management platform, today announced that Tim Corvino, MD was named as the Company's Chief Executive Officer. Dr. Corvino is the former CEO of Spire Orthopedic Partners. He also previously served as Chief Operating Officer of Covenant Physician Partners and, prior thereto, as Chief Operating Officer of U.S. Acute Care Solutions.

MONTRÉAL and LONDON, Sept. 24, 2024 /PRNewswire/ - CDPQ, a global investment group, today announced it has entered into an agreement with Brookfield Asset Management (NYSE: BAM) (TSX: BAM) and its institutional partners, including its listed affiliate Brookfield Renewable (NYSE: BEP) (NYSE: BEPC) (TSX: BEP.UN) (TSX: BEPC) (together "Brookfield"), to acquire its 25% stake in First Hydro Company, a critical electricity generation and storage facility in the United Kingdom. Engie is the majority shareholder who owns the remaining 75% of the company.

MONTRÉAL and LONDON, Sept. 24, 2024 /CNW/ - CDPQ, a global investment group, today announced it has entered into an agreement with Brookfield Asset Management (NYSE: BAM) (TSX: BAM) and its institutional partners, including its listed affiliate Brookfield Renewable (NYSE: BEP) (NYSE: BEPC) (TSX: BEP.UN) (TSX: BEPC) (together "Brookfield"), to acquire its 25% stake in First Hydro Company, a critical electricity generation and storage facility in the United Kingdom. Engie is the majority shareholder who owns the remaining 75% of the company.

Brookfield Asset Management acquires 51% interest in Castlelake and Brookfield Wealth Solutions commits to invest in the firm's funds and strategies, total capital amounting to $1.5B

NEW YORK and MINNEAPOLIS, Sept. 17, 2024 /PRNewswire/ -- Brookfield Asset Management (NYSE: BAM, TSX: BAM) ("Brookfield") and Castlelake L.P. ("Castlelake"), a global alternative investment manager specializing in asset-based private credit including aviation and specialty finance, today announced the closing of a $1.5 billion strategic partnership in which Brookfield has acquired a 51% stake in Castlelake's fee-related earnings and Brookfield Wealth Solutions has committed to invest into Castlelake's investment strategies and private funds.

New investments secured for Infinium and company's Project Roadrunner production plant to accelerate availability of sustainable aviation fuel

SACRAMENTO, Calif., Sept. 10, 2024 /PRNewswire/ -- Infinium, the world's first producer of commercially available ultra-low carbon eFuels, and Brookfield Asset Management (NYSE: BAM, TSX: BAM) ("Brookfield") today announced a strategic funding partnership to accelerate the growth of Infinium's eFuels platform. Infinium eFuels—which includes eSAF, a next generation sustainable aviation fuel—can reduce lifecycle greenhouse gas emissions by approximately 90% or more compared to today's conventional fuels.

New investments secured for Infinium and company's Project Roadrunner production plant to accelerate availability of sustainable aviation fuel

SACRAMENTO, Calif., Sept. 10, 2024 /PRNewswire/ -- Infinium, the world's first producer of commercially available ultra-low carbon eFuels, and Brookfield Asset Management (NYSE: BAM, TSX: BAM) ("Brookfield") today announced a strategic funding partnership to accelerate the growth of Infinium's eFuels platform. Infinium eFuels—which includes eSAF, a next generation sustainable aviation fuel—can reduce lifecycle greenhouse gas emissions by approximately 90% or more compared to today's conventional fuels.

Former EDP Renewables Executive Further Strengthens Scout's Ability to Execute on 19 GW Pipeline

BOULDER, Colo., Aug. 21, 2024 /PRNewswire/ -- Today, Scout Clean Energy ("Scout"), a leading national renewable energy developer-owner-operator, announced the addition of Kris Cheney as Chief Development Officer, further fortifying Scout's established development capabilities. Cheney brings more than a decade of leadership experience developing wind, solar, and storage projects to Scout as it continues its significant growth trajectory to execute on its 19 GW pipeline of renewable energy assets.