Core Viewpoint - Brookfield Renewable Holdings has received approval from the French financial markets authority (AMF) for its mandatory simplified cash tender offer for Neoen, aiming to acquire all remaining shares and OCEANEs of Neoen [2][6]. Group 1: Offer Details - The offer includes approximately 32.31% of Neoen's share capital and all outstanding OCEANEs, with specific prices set at 39.85 euros per share, 48.14 euros per OCEANE issued in 2020, and 105,000.00 euros per OCEANE issued in 2022 [6][8]. - The offer price of 39.85 euros per share represents a premium of 40.3% and 43.5% over the 3-month and 6-month volume weighted average price (VWAP) prior to the announcement [6][8]. - The offer is expected to open on 13 February 2025 and close on 13 March 2025 [11]. Group 2: Support and Recommendations - Neoen's Board of Directors has expressed support for the transaction and recommended that shareholders and convertible bondholders tender their securities into the offer [9]. - An independent expert, Finexsi, concluded that the financial terms of the offer are fair for all Neoen's shareholders and convertible bondholders [6][9]. Group 3: Future Steps - If legal conditions are met at the closing of the offer, Brookfield Renewable Holdings will request a squeeze-out procedure for the remaining shares and OCEANEs at the respective offer price [10]. - Documentation related to the offer will be available on the dedicated transaction websites of Neoen and Brookfield Renewable Holdings, as well as the AMF's website [7].

EXHIBIT 99.1 Net income for BAM, the publicly traded entity, totaled $186 million for the quarter (2023 - $95 million). Up until the closing of the transaction last week, BAM owned an approximate 27% interest in our asset management business with the other approximate 73% owned by Brookfield Corporation (BN). In order to provide meaningful comparative information and inform you on how BAM results will look in the future, the discussion that follows relates to the financial results on a 100% basis for our as ...

Over $135 Billion of Capital Inflows; $48 Billion of Capital Deployed in 2024 Quarterly Fee-Related Earnings up 17% Year-Over-Year to a Record $677 Million NEW YORK, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE:BAM, TSX:BAM) ("BAM"), a leading global alternative asset manager headquartered in New York with over $1 trillion of assets under management, today announced financial results for the year ended December 31, 2024. Connor Teskey, President of Brookfield Asset Management, st ...

Over $135 Billion of Capital Inflows; $48 Billion of Capital Deployed in 2024 Quarterly Fee-Related Earnings up 17% Year-Over-Year to a Record $677 Million NEW YORK, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) (“BAM”), a leading global alternative asset manager headquartered in New York with over $1 trillion of assets under management, today announced financial results for the year ended December 31, 2024. Connor Teskey, President of Brookfield Asset Management, ...

Artificial intelligence (AI) has the potential to be a transformative technology. It can help improve decision-making, increase efficiency, and create more personalized experiences. These benefits are leading companies to pour billions of dollars into developing AI tools. The technology will also require a tremendous investment in infrastructure to support its data and power needs. That's providing many new investment opportunities for leading infrastructure investor Brookfield Asset Management (BAM -0.59%) ...

While Warren Buffett once said that it is far better to buy a wonderful company at a fair price than a fair company at a wonderful price, every so often the market gives us the opportunity to buy a high-conviction businessSamuel Smith has a diverse background that includes being lead analyst and Vice President at several highly regarded dividend stock research firms and running his own dividend investing YouTube channel. He is a Professional Engineer and Project Management Professional and holds a B.S. in C ...

PARIS and NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) -- At the opening of today's Artificial Intelligence Action Summit in Paris, Brookfield Asset Management ("Brookfield"), together with the French President, Emmanuel Macron, announced a €20 billion infrastructure investment program to support the deployment of artificial intelligence ("AI") infrastructure in France. The Brookfield investment will be targeted across data centers and associated infrastructure sectors which are vital for AI deployment. Up to € ...

The market expects Brookfield Asset Management (BAM) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 12, 2025, might help the stock move higher if th ...

NEW YORK, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE:BAM, TSX:BAM) and Brookfield Corporation (NYSE:BN, TSX:BN) today announced the completion of the previously-announced arrangement to enhance BAM's corporate structure and broaden shareholder ownership (the "Arrangement"). In the transaction, BAM acquired approximately 73% of the outstanding common shares of Brookfield's asset management business, from BN in exchange for 1,194,021,145 newly-issued Class A Limited Voting Shares ...

Samuel Smith has a diverse background that includes being lead analyst and Vice President at several highly regarded dividend stock research firms and running his own dividend investing YouTube channel. He is a Professional Engineer and Project Management Professional and holds a B.S. in Civil Engineering & Mathematics from the United States Military Academy at West Point and has a Masters in Engineering from Texas A&M with a focus on applied mathematics and machine learning.Samuel leads the High Yield Inve ...