Add-on acquisition Undated Verified
Brookfield's Renewbrook subsidiary acquires PosiGen residential solar assets
Renewbrook Energy, a newly formed subsidiary of Brookfield Asset Management (which had lent PosiGen $600 million since 2023), acquired PosiGen's residential project assets out of bankruptcy.
“Renewbrook is a newly formed subsidiary from Brookfield Asset Management, an investment firm that lent Posigen $600 million since 2023. During bankruptcy proceedings, Renewbrook acquired those project assets, and the rest were acquired by [SunStrong Management](https://sunstrongmanagement.com/).”
Entities
Brookfield Asset Management · Parent PosiGen · Target Renewbrook Energy · Acquirer SunStrong Management · Acquirer
Other
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