On March 5, 2025, Brookfield Asset Management finalized the sale of a 1.6GW portfolio of solar and wind energy assets in India to Gentari Renewables India, a wholly owned subsidiary of Malaysia’s Gentari, which is backed by Petroliam Nasional Berhad (Petronas). The March 2025 announcement marked Brookfield’s first full-cycle exit in the Indian renewable sector.

The transaction, carried out in two stages, included the completed transfer of 1GW in operational assets during the initial phase. The full portfolio encompassed 21 special purpose vehicles (SPVs) overseeing renewable energy facilities, including two under-construction projects and several SPV holding companies.

Nawal Saini, Brookfield’s managing director for South Asia and the Middle East, noted that the transaction reflects the company’s disciplined investment approach, delivering returns while contributing to India’s clean energy goals. He added that the deal fosters renewed investor interest and creates headroom for future capital deployment in the region.

Trilegal served as legal counsel to Brookfield, overseeing the entire sale process. Cyril Amarchand Mangaldas advised Gentari Renewables India, focusing on legal due diligence and investment documentation.

While the transaction value was not disclosed, the sale aligned with Brookfield’s broader energy strategy. This included a $1.4 billion proposed sale of Saeta Yield to Masdar and a $105 million commitment by IFC to Brookfield’s 550MW solar development in Rajasthan.