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Neoen SA ( (FR:NEOEN) ) has issued an update.
Brookfield Renewable Holdings has successfully completed a mandatory public tender offer for Neoen, acquiring 97.73% of its share capital and nearly all of its convertible bonds. This acquisition marks a significant milestone for Neoen, reinforcing its position as a leader in the renewable energy sector and aligning with Brookfield’s commitment to advancing investments in renewable energy.
More about Neoen SA
Founded in 2008, Neoen is a leading independent producer of renewable energy, specializing in solar and onshore wind electricity production and battery energy storage. The company is committed to accelerating the energy transition by providing clean and competitively priced energy across four continents, with a significant presence in Australia.
YTD Price Performance: -4.43%
Average Trading Volume: 983
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €5.96B
For an in-depth examination of NEOEN stock, go to TipRanks’ Stock Analysis page.