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India

Brookfield Renewable And KKR To Partner For A New Growth Stage In X-Elio


Wednesday, 3 Jul 2019 

July 3 (Reuters) - Brookfield Renewable Partners LP ::BROOKFIELD RENEWABLE AND KKR TO PARTNER FOR A NEW GROWTH STAGE IN X-ELIO.BROOKFIELD RENEWABLE PARTNERS LP - BROOKFIELD RENEWABLE AND KKR WILL OWN X-ELIO THROUGH A 50/50 PARTNERSHIP.BROOKFIELD RENEWABLE - BROOKFIELD RENEWABLE WILL ACQUIRE ACEK'S 20% STAKE AND 30% OF KKR'S STAKE IN X-ELIO FOR A TOTAL COMMITMENT IN RANGE OF $500 MILLION.BROOKFIELD RENEWABLE PARTNERS LP - BROOKFIELD RENEWABLE AND KKR WILL HOLD JOINT GOVERNANCE OF X-ELIO BOARD. 

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