After selling three green project bonds in the U.S. and marketing a new one in Canada, Brookfield Asset Management’s renewable power business is setting its sights on South America and Asia.
The Toronto-based company is selling bonds to refinance the existing debt of a pool of four hydroelectric facilities located in Ontario, according to a S&P Global Ratings. The securities are being sold via a private placement.
In Brazil, the company is gathering third party assessments on its assets — early work needed ahead of a potential deal. In India, where the company sees the potential for “rapid growth,” a separate bond is possible in the longer term, Read More
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