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Announced

Brookfield Renewable to invest $300m in Entropy.

Synopsis

Brookfield Renewable, a renewable power platform, agreed to invest $300m in Entropy, a modular carbon capture and storage technology developer. "Countries and companies are in the midst of an unprecedented transition as decarbonization is now firmly established as a critical priority worldwide. As a global leader in decarbonization, Brookfield Renewable has delivered clean energy and transition solutions for more than 30 years. We are excited to invest into a leading CCS business as we continue to expand the decarbonization solutions that we provide to our partners," Jehangir Vevaina, Brookfield Renewable Chief Investment Officer.

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