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Hydropower-focused Brookfield sees more sunshine in future

Bloomberg Brookfield Asset Management Inc., the owner of just a half-megawatt of solar power, is going all in on sunshine. Eight months after agreeing to acquire almost 4 gigawatts of solar and wind power from fallen clean-energy giant SunEdison Inc., Brookfield is now said to be in advanced talks to buy a 41.5 percent stake in Atlantica Yield Plc, which ...

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Eskom to have contract with Trillian despite its denial

Bloomberg Eskom Holdings SOC Ltd. allocated a contract number to Trillian Capital Partners, a company to which it said it has made ‘unlawful’ payments, according to documents seen by Bloomberg. Eskom has consistently denied that it has ever held a formal agreement with the company. The South African state-owned power utility said it will ask McKinsey & Co. and Trillian, ...

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Renault to double electric car offerings, widen China presence

Bloomberg Renault SA will double electric-car offerings in the next five years and widen its presence in China to protect its global ranking in building battery-powered autos as competitors including Volkswagen AG expand in the segment. Electrified models will comprise half of Renault’s line-up by the end of 2022 as the carmaker rolls out eight new or revamped wholly battery-powered ...

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