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The Latest Breaking News from Brookfield

Center Parcs UK 'on sale for between £4bn and £5bn' - reports

The six sites - five in the UK - are owned by a Canadian group which is reported to be speaking with potential buyers

Wales Online

This Stock Is a Buy: Brookfield Asset Management Looks to Credit Market for Growth

On Wednesday, Canadian alternative asset manager Brookfield Asset Management reported strong Q1 2023 results. The company’s got significant growth plans over the next five years. It is leaning into the credit market to help it reach $1 trillion in fee-bearing assets.

Barchart

Scottish energy could power 'City fat cats' as major wind farm deal struck

SCOTTISH green energy could be used to power the offices of banking “fat cats” in the City of London, The National can reveal ...

The National (Scotland)

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Canary Wharf offices and retail spaces to be powered by Scottish windfarm

Deal for London business district will meet almost three-quarters of electricity demand from wind power

The Guardian - UK

Government weighs up intervention to keep Eraring open

Eraring Power Station presently produces up to 25 per cent of the state's energy needs.

Newcastle Herald

Corporate con? Giant polluting investors are behind the push for hydrogen heating

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The National (Scotland)

'Major milestone': Eraring battery construction gets underway

Stage one of the Eraring Battery will involve the construction of a 460 megawatt battery storage system with a dispatch duration of two hours.

Newcastle Herald

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Warehouse demand brings attention to South Side properties

One proposal involves replacing the Wheatland Tube factory in Back of the Yards with a three-building logistics center covering more than 30 acres.

Chicago Sun-Times

Former Bank of England governor Mark Carney on how to keep the lights on

Mark Carney, former governor of the Bank of England and green energy financier, says Australia will reach its emissions targets without interruption to energy supply.

ABC News

JCPenney goes back to department store roots to shake retail ‘road kill’ rap

Sometimes the relevance of a retailer is decided by people who don’t shop there. It’s a Wall Street vs. Main Street, high-income vs. mid-to-low-income kind of thing.

Tribune News Service

We can't afford to lose Eraring, state MP warns

Lake Macquarie MP Greg Piper to meet with Chris Minns and Brookfield about the future of Eraring Power Station

Newcastle Herald

Eraring power station to close sooner than later

The potential buyers of Origin Energy say they want to exit coal-fired assets as soon as possible

Newcastle Herald

9 Best Green Energy Stocks to Buy Now

The future for renewable energy remains bright, and these green energy stocks are poised to profit on a durable trend toward sustainability.

Kiplinger

Origin Energy profit drops amid takeover uncertainty

Takeover target Origin Energy's underlying profit for the half year slumped more than 80 per cent to $44 million.

AAP

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Chicago Sun-Times

Brookfield Zoo gorilla group gets a new leader, 26-year-old Jontu

Meanwhile, a young male gorilla has headed off to St. Louis Zoo.

Los Angeles Times

As many work from home, office landlords roll out entertainment to entice tenants

As landlords struggle to get people back into office buildings that emptied during the pandemic, some are turning to entertainment and other enticements such as yoga classes to woo wary workers.

AAP

Origin Energy lifts earnings forecast

Origin said full year earnings for its main energy markets business will rise to between $600 million and $730 million.

Nottingham Post

Wilko statement after distribution centre bought by DHL sold to private equity giant

The Canadian asset manager, Brookfield, has agreed to buy the lease on the centre for £88m.

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Birmingham Post

DHL confirm sale of Wilko distribution centre – which it bought for £48m two months ago – for reported £88m

GMB union says DHL sold Notts site to Canadian asset manager Brookfield for £88 million

Tribune News Service

Jared Kushner’s family business dealings under congressional scrutiny

Two congressional committees headed by Democrats reportedly ask in new letters whether Jared Kushner was led “to improperly influence U.S. tax, trade and national security policies” to bail out his family’s real estate business.

Salon

Dems probe Jared "conflict of interest"

Congress wants to know if Jared sought to "influence" or "interfere with" policy to advance business interests

The Guardian - AU

Origin Energy to be split in half and invest in renewables under new $18.4bn takeover bid

The energy giant would be divided into electricity generation and gas firms in order to hit Australia’s climate targets

Newcastle Herald

Eraring, Kooragang hydrogen embroiled in Origin takeover bid

Origin Energy shares have soared by a third after its board said it would recommend a $9-per-share takeover offer from Brookfield Asset Management.

AAP

Origin Energy fields $18.4b takeover bid

Origin Energy shares have soared by a third after its board said it would recommend a $9-per-share takeover offer from Brookfield Asset Management.

The Guardian - UK

Mark Carney denies big banks threatened to quit climate finance group

Former BoE governor admits his net zero alliance weakened veto on coal investment because of ‘antitrust concerns’

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