Search

BCI Brookfield NBIM Mustang Renewable Infrastructure JV Cleared

The European Commission cleared the proposed joint venture between British Columbia Investment Management Corporation, Brookfield Asset Management, and NBIM Renewable Infra North America AS, forming Mustang AIV LP to hold US solar and wind renewable energy assets. The Commission determined the operation falls within the scope of Council Regulation (EC) No 139/2004 and, under the simplified treatment procedure, decided not to oppose the operation, declaring it compatible with the internal market and the EEA Agreement.