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Announced

Brookfield and Temasek to acquire a 53.32% stake in Neoen from Impala, the Fonds Stratégique de Participations, Cartusia and Xavier Barbaro for €3.25bn.

Synopsis

Brookfield, a Canadian multinational company, and Temasek, a global investment company, agreed to acquire a 53.32% stake in Neoen, a renewable energy producer, from Impala, the Fonds Stratégique de Participations, Cartusia and Xavier Barbaro for €3.25bn. “Impala is delighted to sell the control of Neoen to Brookfield, a responsible actor and world leader in the renewable energy market . Impala created Neoen 15 years ago and have since then supported every stage of its development in France and then internationally, with an outstanding success in Australia. With the financial backing of this new shareholder and the talent of Xavier Barbaro and his teams, Neoen will be able to continue its growth trajectory,” Jacques Veyrat, Impala Founder and President.

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