Brookfield-backed TerraForm Power completed the acquisition of Sun Tribe Development.

Brookfield-backed TerraForm Power, a developer, builder and operator of renewable power, completed the acquisition of Sun Tribe Development, a solar and storage developer. Financial terms were not disclosed. “I’m excited by today’s news welcoming Sun Tribe Development into the fold to deliver on TerraForm Power’s new high-growth strategy in the US market. Together, we’ll rapidly expand TerraForm Power’s footprint across the US to meet this moment and deliver much-needed, domestically sourced power to support digitalization and reindustrialization in the country. Sun Tribe Development’s portfolio complements our existing development pipeline and enhances our position as a partner of choice to the largest buyers of clean power,” Mark Noyes, TerraForm Power CEO & President.