Canada’s Brookfield Renewable Partners, the global hydroelectric operator expanding into wind and solar, says it will soon gain control of SunEdison’s two TerraForm yieldcos – and flagged Europe as an ongoing focus for investment in the years ahead.
Two weeks ago Brookfield Renewable agreed to spend £196m ($255m) buying out Mitsui & Co.’s 25% stake in First Hydro, owner of half of the UK’s hydroelectric capacity, including the country’s largest pumped-storage hydro facility – the 1.7GW
