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

MT Newswires Live
16 May

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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