Announced
Completed
Synopsis
Axium Infrastructure, an investment company, completed the acquisition of Wind Energy Transmission Texas, a provider of renewable energy services, from Brookfield Asset Management, an alternative asset management company, and Public Sector Pension Investment Board, a pension investment manager. Financial terms were not disclosed. “Axium is proud to be acquiring WETT and is committed to the long-term safe, reliable operation and continued development of this important West Texas electric transmission system. WETT’s West Texas facilities are part of an important state-wide program to grow and deliver clean, renewable power throughout Texas," Thierry Vandal, Axium Infrastructure President.
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