Brookfield Infrastructure Partners acquired a portfolio of renewable energy assets (hydro and wind) in Brazil from a subsidiary of Petrobras.

Brookfield Infrastructure Partners is a leading global infrastructure company that owns and operates high-quality, long-life assets across the utilities, transport, midstream, data, and sustainable resources sectors. It focuses on acquiring and managing essential infrastructure assets that generate stable, predictable cash flows and offer long-term growth potential, aiming to deliver attractive risk-adjusted returns to unitholders.

Petrobras is a Brazilian state-owned oil and gas major involved in the exploration, production, refining, and distribution of petroleum, natural gas, and derivatives. With a significant presence across Brazil, the company is actively expanding its focus on energy transition initiatives, including renewable fuels and nature-based solutions.