Brookfield and La Caisse to Acquire Boralex in ~C$9 Billion Deal

Brookfield Acquires Chemelex from nVent for $1.7B

February 3, 2025

Manufacturing

Brookfield Asset Management, via one of its private equity funds and together with listed affiliate Brookfield Business Partners, completed the acquisition of Chemelex from nVent Electric Plc for $1.7 billion. Brookfield funded the deal with about $830 million of equity (Brookfield Business Partners invested roughly $210 million for a 25% interest) with the balance from institutional partners; Brookfield said it will apply its industrial operating expertise to grow Chemelex as an independent business.

La Caisse to Acquire Edify Energy

September 22, 2025

Renewable Energy

La Caisse (formerly CDPQ) has entered into binding agreements to acquire Edify Energy, an Australian renewable energy and battery storage developer/operator. The investment is expected to total approximately CAD 1 billion, funding the acquisition and additional equity to support next-phase development of hybrid solar and battery energy storage projects totaling 900 MW / 3,600 MWh and a pipeline exceeding 11 GW.

Voldex Acquires Brookhaven (Roblox)

February 4, 2025

Media & Entertainment

Voldex announced an equity financing round led by Raine Partners with participation from QIA, Makers Fund, MIT, Tirta Ventures and Lalotte Ventures (and reports also cite Shamrock Capital), and used the capital to acquire Brookhaven, the largest life-simulation title on Roblox. The deal expands Voldex's monthly active user base to over 145 million and brings Dara Leung of Raine onto Voldex's board.

Brookfield To Acquire Fosber in $900 Million Industrial Technology Deal

December 3, 2025

Industrial Services

Brookfield has agreed to acquire Fosber, a global manufacturer of high-speed corrugating machinery and industrial technology solutions for the packaging sector, in a transaction valued at approximately $900 million. The deal is structured as a carve-out from Guangdong Dongfang Precision and is expected to close in 2026, subject to regulatory approvals.

Cameco and Brookfield Renewable Acquire Westinghouse Electric Company

November 3, 2023

Energy

A consortium led by Cameco and Brookfield Renewable, along with institutional partners, signed an agreement to acquire Westinghouse Electric Company from Brookfield Business Partners. The deal received regulatory approval and is expected to close on or about November 7 (subject to customary closing conditions).

CDPQ to Acquire Innergex Renewable Energy Inc. for C$10.0 Billion

February 25, 2025

Energy

Caisse de dépôt et placement du Québec (CDPQ) has entered into a definitive agreement to acquire all issued and outstanding common shares of Innergex Renewable Energy Inc. for C$13.75 per share, implying a total enterprise value of C$10.0 billion. The transaction will take Innergex private, has unanimous support from Innergex’s board and backing from largest shareholder Hydro-Québec, and is expected to close by Q4 2025 subject to customary approvals.