Brookfield and BCI Launch Northview Energy
British Columbia Investment Management, BCI, Norges Bank Investment Management and Brookfield announced the launch of Northview Energy, a privately held renewable energy company that will acquire and own a diversified portfolio of contracted, operating renewable assets in the U.S. and Canada. Jehangir Vevaina, Chief Investment Officer for Brookfield's Renewable Power & Transition group, said: "This partnership marks the creation of a scalable platform for Brookfield and our partners. Northview Energy will be an owner of high-quality operating assets that deliver affordable and clean power to the grid and the framework for future acquisitions provides a clear growth pathway for the vehicle to add de-risked, high-quality, cash yielding assets delivering strong returns."
