CDPQ acquires 25% of UK's First Hydro Company from Brookfield
Brookfield Asset Management Inc Class A Limited Voting Shares (BAM)
US:NYSE Investor Relations:
bam.brookfield.com/en
Company Research
Source: PR Newswire
Investment in a critical national infrastructure providing 76% of the United Kingdom's total pumped hydro storage capacityMONTRÉAL and LONDON, Sept. 24, 2024 /PRNewswire/ - CDPQ, a global investment group, today announced it has entered into an agreement with Brookfield Asset Management (NYSE: BAM) (TSX: BAM) and its institutional partners, including its listed affiliate Brookfield Renewable (NYSE: BEP) (NYSE: BEPC) (TSX: BEP.UN) (TSX: BEPC) (together "Brookfield"), to acquire its 25% stake in First Hydro Company, a critical electricity generation and storage facility in the United Kingdom. Engie is the majority shareholder who owns the remaining 75% of the company.Responsible for the management and operation of two power plants at Dinorwig and Ffestiniog in the Snowdonia region of Wales, First Hydro offers a capacity of more than 2,000 MW, representing 76% of the total pumped hydro storage in the United Kingdom, making it a critical infrastructure to face the country's increasing nee
Show less
Read more
Impact Snapshot
Event Time:
BAM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BAM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BAM alerts
High impacting Brookfield Asset Management Inc Class A Limited Voting Shares news events
Weekly update
A roundup of the hottest topics
BAM
News
- Brookfield Asset Management Ltd. (NYSE: BAM) had its price target raised by analysts at Scotiabank from $55.50 to $59.50. They now have a "sector outperform" rating on the stock.MarketBeat
- Brookfield Asset Management Ltd. (NYSE: BAM) had its price target raised by analysts at TD Securities from $61.00 to $64.00. They now have a "buy" rating on the stock.MarketBeat
- Brookfield Asset Management Ltd. (NYSE: BAM) had its price target raised by analysts at BMO Capital Markets from $40.00 to $50.00. They now have a "market perform" rating on the stock.MarketBeat
- Brookfield Asset Management Ltd. (NYSE: BAM) had its price target raised by analysts at Royal Bank of Canada from $55.00 to $68.00. They now have an "outperform" rating on the stock.MarketBeat
- Brookfield Asset Management Ltd. (NYSE: BAM) had its price target raised by analysts at Keefe, Bruyette & Woods from $44.00 to $49.00. They now have an "underperform" rating on the stock.MarketBeat