As time expired on its exclusive negotiating window, Canada's Brookfield Renewable Partners (BRP) clinched deals that will see it take control of the two TerraForm yieldcos that were spun out of bankrupt US development giant SunEdison.

BRP will instantly become a major international wind and solar player following agreements to boost its stake to 51% in TerraForm Power and to outright acquire the smaller TerraForm Global, which between them own about 4GW of contracted renewables around the globe.