M&AAnnouncedMarch 3, 2026

Northview Energy — 2.3 GW seed portfolio of 22 operating sites (17 solar + 5 onshore wind) in US & Canada

New platform co-owned equally by BCI, Norges Bank Investment Management, and Brookfield. Seed assets sourced from Brookfield-managed Deriva Energy, Scout Clean Energy, and Urban Grid. Framework agreement for up to $1.5B additional equity acquisitions from Brookfield portfolio companies. Expected launch Q2 2026 pending approvals.

$2.60B

Deal Value

2,300MW

Capacity

Hybrid

Technology

Multi-state + Canada

Location

Deal Details

Deal Type
Platform Formation
Seller / Sponsor
Brookfield Renewable (Deriva Energy, Scout Clean Energy, Urban Grid)
Buyer / Financier
Northview Energy (BCI, Norges Bank Investment Management, Brookfield)
Deal Value
~$2.6B enterprise value (~$425M per 1/3 share)
Stage
Operating
ISO/RTO
Multiple

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