Brookfield secures US$1.85 billion financing to support their acquisition of National Grid’s US onshore renewables business
Congratulations to Brookfield on its US$1.85 billion financing to support their acquisition of National Grid’s US onshore renewables business and the build out of its development pipeline. The Geronimo Power platform has 3.2 GW of operating and construction portfolio, adding to Brookfield’s significant renewables presence, furthering the company’s goal of accelerating the transition to a net-zero economy. CIBC Capital Markets is pleased to have acted as Joint Lead Arranger, Joint Bookrunner, Lender, Admin Agent, and LC Issuing Bank.