Brookfield Asset Management Aims to Cross $100 Billion in Indian Investments, Eyes Nuclear Power
Brookfield Asset Management, a New York-headquartered firm, is on track to cross the $100 billion investment mark in India's infrastructure sector within the next five years. The company, a leading investor in India's infrastructure space, is also open to backing nuclear power projects, a segment that has seen significant policy push in recent months. As part of its expansion plans, the company aims to double its nearly $1 trillion assets under management.
Key Takeaways:
- Brookfield Asset Management plans to cross the $100 billion investment mark in India's infrastructure sector within the next five years.
- The company is open to backing nuclear power projects, a segment that has seen significant policy push in recent months.
- Brookfield aims to double its nearly $1 trillion assets under management in the next five years.
- The company has already deployed about $30 billion in India in transactions such as the acquisition of ATC Towers, East-West Pipeline, and others since 2014.
- Brookfield's investments in India have been divided into infrastructure ($12 billion), real estate ($12 billion), renewable power and transition ($3 billion), and private equity and Brookfield Special Investments ($3.6 billion).
Statistics:
- $100 billion: The planned investment mark in India's infrastructure sector that Brookfield Asset Management aims to cross in the next five years.
- $1 trillion: The company's nearly assets under management that it aims to double in the next five years.
- $30 billion: The amount Brookfield has deployed in India in transactions such as the acquisition of ATC Towers, East-West Pipeline, and others since 2014.
- $12 billion: The amount invested in infrastructure and real estate by Brookfield in India.
- $3 billion: The amount invested in renewable power and transition by Brookfield in India.
- 5 years: The time period in which Brookfield aims to cross $100 billion in Indian investments and double its assets under management.
Sources:
- "We are believers in nuclear (energy). We do think it provides clean, dispatchable baseload power and that is beneficial to the stability and growing demands for energy around the world." - Connor Teskey, President, Brookfield Asset Management (Source: Unspecified)
- "More than half the nuclear power generation assets around the world run on Westinghouse technology. We are a global supplier to the nuclear power generation sector. And as there are opportunities in different markets around the world, we assess those on an individual basis." - Connor Teskey, President, Brookfield Asset Management (Source: Unspecified)
- Brookfield Asset Management is one of the largest investors in India's infrastructure sector. (Source: "Brookfield Asset Management to invest $100 billion in India over 5 years, open to backing nuclear power projects" by Our Bureau, Mumbai)