Brookfield commits $845 million for Axis Energy’s power projects

Brookfield Asset Management and Axis Energy Ventures have announced their second joint venture in clean energy in India. Brookfield, through its subsidiary, Brookfield Global Transition Fund II, will invest a capital of $845 million to set up wind and solar power project pipeline for Axis Energy Ventures.
These projects are spread throughout the nation and are at numerous stages of implementation. In order to jointly offer customised energy solutions to different industry participants, including governmental bodies, commercial participants, and potential sectors like green hydrogen, both partners will make use of their respective experience and resources.