Mitsubishi HC Capital, Brookfield form JV to buy and run 570-MW European renewables portfolio valued at EUR 400 million
Brookfield Renewable Holdings Corporation Class A
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- Brookfield Renewable Corporation formed a joint venture with Mitsubishi HC Capital to buy, own, operate contracted renewable power assets in Europe.
- Seed portfolio totals about 570 MW across multiple countries, with equity value of about EUR 400 million.
- Assets backed by long-term power purchase agreements, with weighted average remaining term of about 10 years.
- Brookfield will run operations; both partners will share control, with future acquisitions funded pro rata subject to joint approval.
- Joint venture targets additional acquisitions in Europe, with Australia also under review; launch expected in the second half of 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brookfield Renewable Corporation published the original content used to generate this news brief on June 09, 2026, and is solely responsible for the information contained therein.