Brookfield is looking to multiply its current 4 GW renewable portfolio three to four times in India within the next decade as well as help corporates make the transition to decarbonise and invest in building large-scale supply chains in the country, said a top executive.
Brookfield currently has about $1 billion of renewable assets under management in India that are fully operational.
Earlier this year, Brookfield Asset Management announced that it raised a record $15 billion for its inaugural Global Transition Fund. This marks the world’s largest private fund dedicated to net zero transition, signalling that investors are still committed to establishing cleaner portfolios. Brookfield is the single largest sponsor of the fund having deployed $2 billion itself.
