Brookfield Renewable Holdings enters into negotiations to acquire Neoen for €6.1B
Date Announced
May 30, 2024
Lead Office
Toronto
Value
6.10 Billion EUR
On May 30, 2024, Brookfield, together with its partners including Brookfield Renewable Holdings and Temasek, announced it has entered into exclusive negotiations with Impala and other shareholders to purchase a 53.32% shareholding in Neoen. Following the acquisition, Brookfield Renewable Holdings intends on filing a mandatory tender offer for the remaining shares of Neoen.
McCarthy Tétrault is advising Brookfield Renewable Holdings with a team led by Jonathan See (Business) and Jason Gudofsky (Competition/Antitrust) that includes Kerri Lui, Kimberly Howard, Kerri Howard, Reena Goyal, Ian Mak, Will Rooney, Michael Shahinian, Vivian Sy, Sarah Chen (Business), Oana Chivaran, Olivia Trojko (Financial Services), Mark Christensen, Isabel Henkelman, Luke Madill, Yasin Celik (Business Real Property and Planning), Justin Turc, Chris Boettcher (Labour & Employment), Michael Caldecott, Oliver Borger, Gideon Kwinter (Competition/Antitrust), and Daphne Rodzinyak (Environmental).