Trilegal Advises Brookfield on Major Renewable Energy Asset Sale to Gentari

Trilegal, a leading law firm in India, has provided legal counsel to Brookfield Asset Management on the sale of a 1.6 GW renewable energy asset portfolio to Gentari. This significant transaction underscores the growing importance of renewable energy inves

Renewable EnergyEnergy TransitionLegal AdviceSustainable DevelopmentInvestmentReal EstateMar 10, 2025

Trilegal Advises Brookfield on Major Renewable Energy Asset Sale to Gentari
Real Estate:Trilegal, a prominent law firm based in India, has successfully advised Brookfield Asset Management on the strategic sale of a 1.6 GW renewable energy asset portfolio to Gentari. This transaction highlights the increasing focus on sustainable and renewable energy investments, reflecting the global shift towards cleaner and more sustainable energy sources.

Brookfield Asset Management, a leading global alternative investment firm, has a diverse portfolio that includes real estate, infrastructure, private equity, and renewable power. The firm's commitment to sustainability is evident in its significant investments in renewable energy projects. The sale of the 1.6 GW renewable asset portfolio to Gentari is a testament to Brookfield's strategic vision and its ability to capitalize on the growing demand for clean energy.

Gentari, a subsidiary of the Abu Dhabi National Energy Company (TAQA), is dedicated to developing and investing in renewable energy projects globally. The acquisition of this 1.6 GW portfolio from Brookfield is a significant step in Gentari's expansion strategy, aimed at becoming a leading player in the renewable energy sector. The portfolio includes a mix of solar, wind, and hydropower projects, which will contribute to Gentari's goal of achieving a net-zero carbon footprint.

Trilegal's role in this transaction was critical, providing comprehensive legal advice and support throughout the negotiation and closing process. The firm's expertise in renewable energy transactions and its deep understanding of the regulatory landscape in India were instrumental in ensuring a smooth and successful deal. Trilegal's team, led by senior partners with extensive experience in the sector, worked closely with Brookfield to navigate the complexities of the transaction and achieve a favorable outcome.

The sale of the 1.6 GW renewable asset portfolio is a significant milestone for both Brookfield and Gentari. For Brookfield, it represents a strategic divestment that allows the firm to reallocate capital to other high-growth opportunities. For Gentari, the acquisition is a key component of its growth strategy and aligns with its mission to accelerate the transition to a low-carbon economy.

The global renewable energy market is experiencing rapid growth, driven by increasing demand for clean energy, favorable government policies, and advancements in technology. The collaboration between Brookfield and Gentari, facilitated by Trilegal, underscores the importance of strategic partnerships in achieving sustainable development goals. As the world continues to focus on reducing carbon emissions and promoting sustainable practices, transactions like this will play a crucial role in shaping the future of the energy sector.

In conclusion, the successful sale of the 1.6 GW renewable energy asset portfolio from Brookfield to Gentari, with legal advice from Trilegal, highlights the dynamic and evolving nature of the renewable energy market. This transaction not only benefits the involved parties but also contributes to the broader goal of a more sustainable and resilient energy future.

Frequently Asked Questions

What is the size of the renewable energy asset portfolio sold by Brookfield to Gentari?

The renewable energy asset portfolio sold by Brookfield to Gentari is 1.6 GW in size.

Who advised Brookfield on the sale of the renewable energy portfolio?

Trilegal, a leading law firm in India, advised Brookfield on the sale of the renewable energy portfolio to Gentari.

What type of renewable energy projects are included in the portfolio?

The portfolio includes a mix of solar, wind, and hydropower projects.

What is Gentari's parent company?

Gentari is a subsidiary of the Abu Dhabi National Energy Company (TAQA).

What is the primary focus of Gentari?

Gentari is dedicated to developing and investing in renewable energy projects globally.

Related News Articles

IAS Officer's Mother Arrested in Pune Over Land Dispute, Remanded to Police Custody
Real Estate Pune

IAS Officer's Mother Arrested in Pune Over Land Dispute, Remanded to Police Custody

A Pune court has remanded the mother of an IAS probationer to police custody over a land dispute, while her husband and daughter face separate allegations of misconduct and disproportionate assets.

July 18, 2024
Read Article
Hyundai Brings Hope to Maharashtra with Project H2OPE
Real Estate Maharashtra

Hyundai Brings Hope to Maharashtra with Project H2OPE

Hyundai Motor India Foundation launches Project H2OPE in Gadchiroli, Maharashtra to address water scarcity issues

August 7, 2024
Read Article
Airtel Clarifies: Tata and Bharti Groups in Talks for Mega DTH Merger
real estate news

Airtel Clarifies: Tata and Bharti Groups in Talks for Mega DTH Merger

Bharti Airtel has clarified that the discussions with the Tata Group for a potential DTH merger are still in the early stages. The telco has also announced a partnership with Ericsson for 5G core technology, marking a significant step in its technological

February 26, 2025
Read Article
South City Mall-Blackstone Deal Speculative, No Urgency to Finalize: Consortium Partner
real estate news

South City Mall-Blackstone Deal Speculative, No Urgency to Finalize: Consortium Partner

A consortium partner has revealed that the South City Mall-Blackstone deal is currently speculative and that there is no immediate urgency to finalize the sale. The consortium consists of 75-80 shareholders from various real estate companies, and they are

March 8, 2025
Read Article
Nationwide Bank Strike: Employee Demands and Industry Impact
Real Estate Maharashtra

Nationwide Bank Strike: Employee Demands and Industry Impact

A nationwide bank strike is set to commence as key employee demands remain unmet, potentially disrupting financial services across the country. The United Forum of Bank Unions (UFBU) has confirmed the strike, citing unresolved issues with pay, working con

March 15, 2025
Read Article
India's Retail Revolution: 70% of Upcoming Malls to Be Grade A by 2026
Real Estate Mumbai

India's Retail Revolution: 70% of Upcoming Malls to Be Grade A by 2026

India's retail real estate sector is poised for a significant upgrade, with over 70% of the 12.3 million square feet of new mall space expected to be Grade A by 2026. This transformation is set to revolutionize the shopping experience for consumers.

April 15, 2025
Read Article