After $7B of real estate deals earlier in the week, Brookfield (BAM) is deploying another $7B into battery storage through the acquisition of Apya Power - which will sit in its second transition fund…

… with co-investment from Brookfield Renewable (BEP). The acquired platform is the largest in North America, with 6.5 GW of operating and under construction storage…

… plus a >20 GW development pipeline, as the technology gets deployed rapidly alongside renewable power…

… where Brookfield has also been active, with its recent $4B take-private of Boralex.

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