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Brookfield Asset Management

Company Summary

Description

Brookfield Asset Management, Inc. is a global alternative asset manager with over $200 billion of assets under management, focusing on the real asset sectors of property, renewable energy and infrastructure.

Website

https://www.brookfield.com/

Related Entities

Recent news

  • 12/4/2023 - Brookfield Abandons... (subscriber access)
  • 10/26/2023 - Brookfield Rebrands... (subscriber access)
  • 4/4/2023 - Brookfield Divesting 50%... (subscriber access)
  • 11/10/2022 - Brookfield Led... (subscriber access)
  • 11/6/2022 - California Resources... (subscriber access)

Company Transactions

Date: 4/29/2021
Type: Acquisition

BUYERS:
  • Itausa SA
  • Brookfield Asset Management
    • SELLERS:
  • Petrobras
    • ASSETS:
  • Nova Transportadora do Sudeste SA
    • DETAILS:

    COST: 337 $MM

    NOTES:
    Petrobras has cleared a sale of a 10% stake in their Nova Transportadora do Sudeste (NTS) Gas Pipeline Network for $337 million into Brookfield and Itausa SA.
    REGIONS:
  • South America

    • Date: 12/31/2020
    Type: Acquisition

    BUYERS:
  • Global Infrastructure Partners
  • Brookfield Asset Management
  • Snam SpA
  • GIC Private Limited
  • Ontario Teachers’ Pension Plan
  • NH Investment & Securities Co
    • SELLERS:
  • Abu Dhabi National Oil Company (Adnoc)
  • ADNOC Gas Pipeline Assets LLC
    • DETAILS:

    COST: 10.1 $B

    NOTES:
    Abu Dhabi is closing in on a deal to sell a stake in natural gas pipelines to a group led by Global Infrastructure Partners and Brookfield Asset Management. The purchase would include a 49% stake in the pipelines as soon as this month, with the pipes valued in excess of $15 billion.
    REGIONS:
  • Middle East

    • Date: 8/24/2020
    Type: Acquisition

    BUYERS:
  • Brookfield Asset Management
    • SELLERS:
  • Blackstone Group
  • Cheniere Energy Partners LP
    • DETAILS:

    COST: 7 $B

    NOTES:
    Blackstone Group will be selling its 41% stake in Cheniere Energy Partners LP to Brookfield Asset Management for $7 billion. The deal included a sale price of $34.25/unit.
    REGIONS:
  • Gulf Coast

    • Date: 12/30/2019
    Type: Acquisition

    BUYERS:
  • Brookfield Asset Management
    • SELLERS:
  • Dominion Energy Inc.
    • ASSETS:
  • Dominion Cove Point LNG, LP
    • DETAILS:

    COST: 2 $B

    NOTES:
    Dominion Energy entered into an agreement with Brookfield to transfer a 25% non-controlling equity interest in Cove Point to Brookfield in exchange for just over $2 billion.