Deals Counterparts

Brookfield acquires Neoen shares; EY advised Brookfield

Acquisition Renewable Energy announced France May 30, 2024
EUR39.9M
Deal Value

Brookfield launched a €6.1 billion bid for French renewable energy company Neoen. Ernst & Young advised Brookfield on the transaction.

Source Intelligence

KEY DETAILS

Brookfield will acquire approximately 53.12% of the shares of Neoen. Quote: Brookfield , an investment firm, has signed a share purchase agreement to acquire approximately 53.12% of the shares of Neoen Brookfield will launch the tender offer after the block acquisition is completed. Quote: Brookfield will launch the tender offer after the block acquisition is completed. The tender offer is expected to be launched in Q1 2025. Quote: and the tender offer is expected to be launched in Q1 2025.

Deal Size
at a price of €39.85 per share
Announcement
June 27, 2024
Expected Close
The regulatory approvals are expected to be obtained by Q4 2024
PARTIES MENTIONED IN SOURCE
B
Brookfield buyer

"Brookfield , an investment firm, has signed a share purchase agreement to acquire approximately 53.12% of the shares of Neoen"

N
Neoen seller

"Brookfield , an investment firm, has signed a share purchase agreement to acquire approximately 53.12% of the shares of Neoen, an independent renewable energy power producer"

I
Impala seller

"Brookfield signed the agreement with French investment company Impala, Fonds Strategique de Participations managed by ISALT, Cartusia, Xavier Barbaro, and other shareholders."

F
Fonds Strategique de Participations managed by ISALT seller

"Brookfield signed the agreement with French investment company Impala, Fonds Strategique de Participations managed by ISALT, Cartusia, Xavier Barbaro, and other shareholders."

C
Cartusia seller

"Brookfield signed the agreement with French investment company Impala, Fonds Strategique de Participations managed by ISALT, Cartusia, Xavier Barbaro, and other shareholders."

X
Xavier Barbaro seller

"Brookfield signed the agreement with French investment company Impala, Fonds Strategique de Participations managed by ISALT, Cartusia, Xavier Barbaro, and other shareholders."

B
Bpifrance seller

"Concurrently, Brookfield has also entered into a tender agreement with Bpifrance through its ETI 2020 fund."

medium quality Enriched Feb 19, 2026

Timeline

Announced
May 30, 2024
Signed
Closed

Market Context

This deal is part of the Renewable Energy sector in France.
94
Renewable Energy deals
71
deals in France
1 of 94 Renewable Energy deals tracked this month · Updated daily

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