Overview

• Brookfield said it closed its second energy transition fund at $20 billion in commitments, which it describes as the largest private clean‑energy vehicle.
• Including about $3.5 billion of co‑investments, reported total commitments exceed $23 billion.
• Abu Dhabi’s Altérra served as an anchor investor, with participation reported from Norway’s sovereign wealth fund.
• Roughly $5 billion is already being put to work, reported to include deals involving renewables developers Neoen and Geronimo Power plus an Indian solar‑plus‑storage joint venture.
• Brookfield president Connor Teskey pointed to accelerating electricity demand from AI as a driver for an "any‑and‑all" approach that favors low‑carbon resources, with the raise described as oversubscribed.