Infigen Energy In talks with Brookfield

Company News

by Anna Napoli

Renewable energy company Infigen (ASX:IFN) has announced the company has met with Brookfield Asset Management, following Brookfield’s recent acquisition of 9 per cent of Infigen’s shares.

Infigen Chairman Len Gill says the company is pleased to have Brookfield join the register as a strategic investor.

Brookfield is a global asset manager with around $250 billion assets under management.

The company says Brookfield currently has no intention of making a takeover bid for Infigen, but has reserved the right to alter its view in the future.

Shares in Infigen (ASX:IFN) are trading 1.43 per cent higher at 71 cents
 

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.