Brookfield and MidOcean Energy to acquire Origin Energy

Midocean Energy and Brookfield Renewable Partners, along with their institutional partners and investors, have struck a Scheme Implementation Deed with Australian power generator and energy retailer Origin Energy to purchase 100 per cent of its shares. The scheme values Origin at $12.4 billion. After the transaction is complete, Brookfield’s institutional investors and allies GIC and Temasek Holdings will own Origin’s energy markets division.

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