Brookfield, one of the world’s leading owners and operators of renewable power, has successfully acquired Duke Energy’s unregulated commercial renewables business, marking the establishment of the Deriva Energy brand. With this milestone, Deriva Energy emerges as an independent developer, owner, and operator of clean energy projects, backed by the financial strength and operational expertise of Brookfield.

Being part of the Brookfield family empowers Deriva Energy with unparalleled access to capital for growth and a wealth of operational expertise. Brookfield boasts an impressive portfolio of approximately 90 GW of combined operating and pipeline renewable energy capacity spanning across all major U.S. power grids. This robust foundation positions Deriva Energy to spearhead the development of cutting-edge clean energy projects that will drive the industry forward.

As renewable energy continues to gain prominence in the global energy landscape, the establishment of Deriva Energy is a significant step towards meeting the growing demand for sustainable solutions. With Brookfield’s extensive experience and resources, Deriva Energy is well-positioned to seize the immense opportunities that lie ahead.

The unveiling of Deriva Energy symbolizes a renewed commitment to accelerating the clean energy revolution. By harnessing the power of renewable sources, Deriva Energy aims to make a positive impact on the environment while contributing to energy security and resilience.

Brookfield’s acquisition of Duke Energy’s unregulated commercial renewables business marks a transformative moment for the industry. With the establishment of Deriva Energy, backed by the financial strength and operational expertise of Brookfield, the future of clean energy development appears brighter than ever. Brace yourself for a new era of innovation and sustainable progress as Deriva Energy leads the charge towards a greener and more sustainable world.

Disclaimer: The information provided in this research report is for informational purposes only and should not be interpreted as financial or investment advice. The solar energy market is highly volatile, and readers should conduct thorough research before making any investment decisions.