Brookfield Surges Ahead as Top Clean-Energy Investor, Eyes $25 Billion for Climate Funds

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Brookfield Asset Management, a major infrastructure investment firm, is increasing its focus on clean energy investments, aiming to raise over $25 billion for two new funds. With $10 billion already secured for its latest energy transition fund, Brookfield is leveraging growing demand for renewable energy amid tightening climate regulations and government incentives. The firm's significant investments in renewable power and energy transition projects, totaling over $100 billion, reflect its commitment to addressing climate change. Despite challenges, Brookfield aims to bridge the gap in global investment needed to meet climate targets, investing in various clean energy projects worldwide.

Original article posted on February 5, 2024

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