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Brookfield to Infuse $2bn in Indian Renewable Projects

Brookfield Asset Management Inc. will infuse more than $2 billion into Indian renewable projects to tap the booming clean energy investment opportunity in the fossil fuel-driven economy.

 

The Canadian investment giant has renewable projects of 4 gigawatts in the country and has already invested $1 billion to bring a quarter of that into operation, according to the company.

 

Brookfield will add another $2 billion over the next 18-24 months to make the remaining capacity operational, said Connor Teskey, chief executive officer for its renewable power business.

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