Brookfield renewable announces participation in consortium proposal for agl energy limited

Brookfield, news, feb. 20, 2022 (globe newswire) -- brookfield renewable (nyse: bep, bepc; tsx: bep.un, bepc) together with its institutional partners and grok ventures (collectively, the “consortium”) announced today its participation in a privatization proposal in respect of agl energy limited (“agl” or the “company”), the largest integrated power generation and energy retailer in australia. the consortium's proposal which is subject to due diligence as well as other conditions, is at a price of a$7.50/share which values agl at an equity value of a$5 billion.
BEP Ratings Summary
BEP Quant Ranking