Brookfield Renewable completed the acquisition of Standard Solar for $540m.

Brookfield Renewable, a pure-play renewable power platforms, completed the acquisition of Standard Solar, an owner and operator of commercial and community distributed solar for $540m. “Through this acquisition, which provides additional large-scale access to capital, Standard Solar is poised for massive growth, enabling us to contribute in an even more significant way to the clean energy transition. We’re looking forward to joining the Brookfield Renewable portfolio, one of the world’s largest renewable energy platforms. Our two companies share a mutual passion for renewables and company cultures that recognize and amplify excellence and equity - we are the ideal match,” Scott Wiater, Standard Solar President & CEO.