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0 1.96656833826264E-05 0.0040560471976401 0.00516224188790563 0.00516224188790563 0.00491642084562446 0.0039331366764996 0.0039331366764996
Stock impact report

China Three Gorges Studies Bid for Brookfield's Saeta [Financial Post (Toronto, Ontario, Canada)]

Brookfield Corporation Class A Limited Voting Shares (BN) 
Company Research Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — State-owned China Three Gorges Corp. is considering a bid for Spanish clean-energy producer Saeta Yield SA, according to people familiar with the matter. CTG is exploring the possibility of teaming up with a partner for a potential offer, the people said, asking not to be named discussing confidential talks. The company would need a co-bidder because Saeta owns assets in Portugal, where China already invests in the grid and would face curbs on further expansion, the people said. Article content Renewable-energy companies have been drawing investor interest in several European markets, where high interest rates and equipment costs have brought valuations down. Saeta is owned by Brookfield Asset Management Ltd. and operates wind and solar farms across the Iberian peninsula. Press officers for CTG and Brookfield declined to comment. Saeta Yield did Show less Read more
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