Brookfield Renewable (BEP) increased its total commitment to $420 million and now its interest in TerraForm Power (TERP) is 30%.
With change to tax subsidy rules in US there are fewer players in Solar and Wind Energy development. This will allow TERP to emerge as a major player in US in this attractive market and allow the company to deleverage with cost reductions, organic growth and synergies when merged with Saeta Yield.
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