Northland Power completed the acquisition of a 99.2% stake in EBSA from Brookfield for $733m.

Northland Power completed the acquisition of a 99.2% interest in the Colombian regulated utility Empresa de Energía de Boyaca, from Fondo de Capital Privado de Infraestructura Brookfield Colombia and BCIF Holdings Colombia II for $733m. “We are proud to announce the closing of the EBSA acquisition, representing a new milestone for Northland’s global growth initiatives and adding a regulated utility business to our asset portfolio. The Acquisition will serve as a platform for future growth for Northland and we look forward to working with the local management team to unlock the growth opportunities in Colombia to benefit the customers we service and Northland’s shareholders,” Mike Crawley, Northland President, and Chief Executive Officer.