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Brookfield’s Neoen defies renewables headwinds with $10b pledge

The Australian Financial Review (AFR) •
October 26, 2026 • 06:00 PM
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The Canadian giant is looking past the short-term political noise around Australia’s energy transition, with ambitious plans for its renewables business.

Brookfield’s Neoen defies renewables headwinds with $10b pledge

Brookfield’s renewable energy development business Neoen plans to supercharge its investment in Australia, spending a further $10 billion by 2030 in a commitment that defies the stumbling blocks slowing the country’s troubled clean energy rollout.

The spend will more than double the investment Neoen has made in wind, solar and battery projects in Australia since its entry in 2012, said Jean-Christophe Cheylus, regional chief executive for the business in Australia.

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