Brookfield Corporation

According to people familiar with the matter, Brookfield is in advanced talks to acquire Indian glass-packaging maker PGP Glass from Blackstone in a price range of $1.3 to $1.5 billion. The potential deal would allow Blackstone to exit its roughly six-year holding; Blackstone bought PGP Glass in 2020 and had recently considered an IPO. PGP Glass supplies glass packaging mainly to cosmetics, pharmaceutical and specialty beverage customers and, according to industry reports, is a leading manufacturer of pharmaceutical glass with exports to more than 60 countries. » Mere på de.investing.com

Brookfield increased its AI infrastructure financing framework from $5 billion to as much as $25 billion and can fund eligible data-center power deployments through its investment vehicles. Bloom Energy can deliver on-site fuel-cell systems that speed deployment and reduce grid dependence, offering higher revenue upside if demand persists. The $25 billion ceiling is not committed revenue: projects still require contracts and underwriting, leaving Brookfield exposed to financing, construction and asset risks and Bloom to manufacturing and performance risk. Investors should treat value as realized project-by-project rather than adding the framework cap to either company's backlog. » Mere på finance.yahoo.com

Pershing Square said Brookfield Corporation's shares rose 5% in Q2 but remain down 7% year-to-date as sector concerns—around business development companies and managers' private credit or software exposures—weigh on sentiment. The letter noted Brookfield has immaterial exposure to those risks and has outperformed peers year-to-date. Pershing Square expects mid‑teens-or-better distributable EPS growth this year, driven by accelerating carried interest realizations, and values BN at about 14 times its earnings estimate. » Mere på finance.yahoo.com

Brookfield expects about 6.5 gigawatts of AI data-centre capacity to be added in India over the next five years as AI inferencing demand grows. India currently has roughly 1.5 GW of installed data-centre capacity, mostly non-AI, and Brookfield forecasts non-AI capacity to rise to about 3 GW alongside new AI demand. Brookfield's Digital Connexion venture has about 160 MW in India, including 60 MW operational and fully leased, and is building the remainder; the venture partners are Digital Realty and Reliance. Brookfield's India energy platforms also plan to add about 4–4.5 GW of renewable capacity this year, and the firm manages over $32 billion in India with a target to exceed $100 billion within five years. » Mere på finance.yahoo.com

Brookfield has agreed to acquire Aypa Power from funds managed by Blackstone for an enterprise value of about $7 billion (equity value $3 billion). Aypa has roughly 6.5 GW of battery storage in operation, under construction or contractually secured, and a development pipeline of more than 20 GW. Around 95% of the portfolio is backed by long-term contracts with investment-grade customers, which have on average about 17 years remaining. The transaction is being done through Brookfield’s second global transition strategy together with institutional partners and is subject to customary regulatory approvals. » Mere på de.investing.com