ClearPath Energy Partners with Brookfield to Secure Financing

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ClearPath Energy, an energy transition platform and renewable energy developer, owner and operator, has closed on a facility with a direct lending infrastructure fund managed by Brookfield Asset Management. 

The capital will allow ClearPath to expand its existing 2 GW pipeline further while accelerating the progression of late-stage development assets into construction and operations. Proceeds will support the construction and operations of ClearPath’s North American renewable energy portfolio. 

Allen & Overy LLP served as legal counsel to ClearPath, and Shearman Sterling LLP served as legal counsel to Brookfield.

“This financing enables us to seamlessly transition our late-stage development assets into construction and then into operation. We’re also looking forward to scaling our multi-sector development tools while expanding our geographic footprint,” says David Khasidy, co-founder and executive chairman of ClearPath. 

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