Brookfield to acquire the renewable energy division of Banks Group.

Brookfield, a Canadian multinational company, agreed to acquire the renewable energy division of Banks Group, an independent owner and operator of onshore wind. Financial terms were not disclosed. "I believe that Brookfield’s established position in the renewables industry and the strong cultural fit that exists between both businesses will lead to this acquisition being to the benefit of all parties involved," Harry Banks, Banks Group Founder and Chairman.