Brookfield Asst Stock Price, News & Analysis

Brookfield Asset Management (BAM), a global alternative asset manager with over $1 trillion AUM, has successfully closed its inaugural Brookfield Infrastructure Structured Solutions Fund (BISS) with approximately $1 billion in capital commitments.

The middle-market infrastructure fund aims to deploy Brookfield's capabilities in global infrastructure assets, partnering with sponsors, developers, and corporates. The fund will invest in both structured and common equity, focusing on sectors where Brookfield has established operations. Initial investments include Strategic Venue Partners and Origis Energy.

Notably, Brookfield affiliated entities contributed $150 million to the committed capital. With a significant portion already committed and a strong pipeline, Brookfield expects substantial growth in the Infrastructure Structured Solutions strategy. The fund targets sectors driven by decarbonization, digitalization, and deglobalization trends.

Strategic Venue Partners (SVP), a leading in-building wireless infrastructure provider, has completed a $120 million debt private placement through 4(a)2 notes with investment grade rating - the first long-term financing of its kind in the industry for an in-building wireless (IBW) portfolio.

The company, which operates under a wireless connectivity-as-a-service model, will use the proceeds to refinance existing wireless infrastructure across various locations. SVP has simultaneously refinanced its credit facility to support additional development projects.

The transaction follows a successful twelve-month period of customer expansion and infrastructure growth. Brookfield Asset Management (BAM), which manages over $1 trillion in assets, recently became a minority equity investor in SVP, while Tiger Infrastructure Partners maintains a controlling stake.

Brookfield Renewable Holdings is set to acquire a significant stake in Neoen, reaching at least 85.39% of the company's share capital following the conversion of acquired convertible bonds (OCEANEs). The mandatory simplified cash tender offer, which opened on February 13, 2025, will close on March 13, 2025.

As of the latest update, Brookfield holds:

• 84.46% of Neoen's shares (129,223,594 shares)
• 75.47% of 2020 OCEANEs
• 84.10% of 2022 OCEANEs

The offer price is set at €39.85 per share, representing premiums of 40.3% and 43.5% over 3-month and 6-month volume-weighted average prices respectively. The 2020 OCEANEs are priced at €48.14 and 2022 OCEANEs at €105,000.00 (coupon attached). Neoen's Board of Directors has recommended shareholders and bondholders to tender their securities, with independent expert Finexsi confirming the offer's fair terms.

Brookfield Renewable Holdings has announced a simplified tender offer for Neoen shares and convertible bonds. The offer includes:

- EUR 39.85 per Neoen share
- EUR 48.14 per 2020 OCEANE convertible bond
- EUR 105,000.00 per 2022 OCEANE convertible bond (coupon attached)

The offer will run for 21 trading days, with the exact timetable to be set by the French AMF. If following the offer closure, minority shareholders represent less than 10% of capital and voting rights, Brookfield intends to implement a squeeze-out procedure within three months at the same price terms.

The offer document received AMF visa no. 25-030 on February 11, 2025, and is available on Brookfield's and AMF's websites.

Brookfield Renewable Holdings has received approval from the French financial markets authority (AMF) for its mandatory simplified cash tender offer for Neoen. The offer targets approximately 32.31% of remaining Neoen shares at €39.85 per share, representing a premium of 40.3% and 43.5% over the 3-month and 6-month volume weighted average prices prior to the May 2024 announcement.

The offer also includes all remaining OCEANEs (convertible bonds) at €48.14 per 2020 OCEANE and €105,000 per 2022 OCEANE. Finexsi, acting as independent expert, has confirmed the offer terms as fair, and Neoen's Board of Directors has recommended shareholders tender their securities. Bpifrance has committed to tender its 4.36% stake. The offer period runs from February 13 to March 13, 2025, with Brookfield planning to implement a squeeze-out if conditions are met.

Brookfield Asset Management (BAM) reported strong 2024 results with record performance across key metrics. The company raised over $135 billion in capital inflows and deployed $48 billion throughout the year. Fourth-quarter fee-related earnings increased 17% year-over-year to $677 million, while fee-bearing capital grew 18% to $539 billion.

Notable achievements include $29 billion in organic fundraising during Q4 2024, with significant contributions from renewable power, infrastructure, private equity, real estate, and credit segments. The company announced a 15% increase in quarterly dividend to $0.4375 per share, payable March 31, 2025.

BAM recently completed a transaction with Brookfield , acquiring their 73% private interest in the asset management business. This strategic move simplifies BAM's corporate structure and positions it for inclusion in global stock indices, with 1.6 billion shares now outstanding and an equity market capitalization approaching $100 billion.

Brookfield Asset Management has announced a €20 billion infrastructure investment program in France to support AI infrastructure deployment by 2030. The investment includes up to €15 billion for data center development through its portfolio company Data4, which plans to build over 500 MW of data center capacity across France with aims to triple that by 2030.

An additional €5 billion will be invested in associated AI infrastructure including data transfer, chip storage, and energy generation. Data4 is set to make France its largest European market. The announcement was made at the Artificial Intelligence Action Summit in Paris alongside French President Emmanuel Macron.

Brookfield, which has been investing in France since 2015 and employs over 7,000 people there, is a major global investor in the AI value chain with more than €150 billion invested across digital infrastructure, renewable power, and semiconductor manufacturing worldwide. The company recently opened a Paris office hub in December 2024 to support its French investments.

Brookfield Asset Management (NYSE: BAM) has completed a significant corporate restructuring arrangement with Brookfield (NYSE: BN). In the transaction, BAM acquired approximately 73% of its outstanding common shares from BN in exchange for 1,194,021,145 newly-issued Class A Voting Shares on a one-for-one basis. Following the transaction, BAM now has 1,637,198,026 Class A Shares outstanding, with BN maintaining a 73% ownership stake.

Based on BAM's closing price of $58.19 on the NYSE on February 3, 2025, the company's market capitalization stands at $95.3 billion. The arrangement, approved by BAM shareholders on January 27, 2025, and the Supreme Court of British Columbia on January 30, 2025, aims to enhance index eligibility and increase shareholder ownership breadth.

Brookfield Renewable Holdings has filed a simplified tender offer for Neoen shares and convertible bonds (OCEANEs) with the following terms:

- EUR 39.85 per Neoen share
- EUR 48.14 per 2020 OCEANE
- EUR 105,000 per 2022 OCEANE

The offer duration is set for 21 trading days. Brookfield currently holds 67.69% of Neoen's share capital and voting rights, along with 1,103,895 2020 OCEANEs. The offer targets all remaining shares and OCEANEs not held by Brookfield, excluding certain restricted shares and treasury shares.

If following the offer Brookfield reaches 90% ownership, they intend to implement a squeeze-out procedure within three months. The offer is mandatory as Brookfield crossed the 30% ownership threshold through a previous block trade acquisition.