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Brookfield buys over SunEdison assets for US$1.4b

Deal gives Canadian asset manager stakes in two of bankrupt solar company's units with significant wind, solar energy assets

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Bruce Flatt, chief executive officer of Brookfield Asset Management Inc., Brookfield Asset Management Inc said on Tuesday it would buy one of the two "yieldcos" of bankrupt US solar company SunEdison Inc and take a 51 per cent stake in the other, for a total of about US$1.41 billion.

Bengaluru

BROOKFIELD Asset Management Inc said on Tuesday it would buy one of the two "yieldcos" of bankrupt US solar company SunEdison Inc and take a 51 per cent stake in the other, for a total of about US$1.41 billion.

Canada's largest alternative-asset manager is increasing its

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