GCM Grosvenor Consortium's Acquisition of Shepherds Flat Wind Cleared by European Commission

MT Newswires Live

2025/05/16

GCM Grosvenor (GCMG), British Columbia Investment Management and Brookfield Renewable Energy Group's acquisition of joint control over Shepherds Flat Wind has been approved by the European Commission, according to a statement Friday.

The Commission said it does not expect the transaction to raise competition concerns given its "limited impact" on the European Economic Area.

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