NewsBite

Chanticleer

Chanticleer

Inside Brookfield’s decades-long bet on AusNet

Brookfield sees its acquisition as a long-term bet on Australia’s transition to net zero that will require huge amounts of capital.

EmailLinkedInTwitterFacebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Having seemingly snared AusNet with a revised $10.6 billion bid on Monday, Brookfield’s local boss Stewart Upson quickly declared it to be a “forever asset”.

Now, forever is a relative term for an $850 billion giant like Brookfield, which is as adept at picking the right time to sell as it is at buying well.

Loading...
James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
EmailLinkedInTwitterFacebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

License article

Read More

Latest In Infrastructure

Fetching latest articles

Most Viewed In Chanticleer

    The Australian Financial Review Magazine

    Cristina Chang .

    BOSS Financial Review

    Alex Waisilitz, founder of Thorney Investments at his Collins Street office in Melbourne, but has plans to spend more time in New York and Israel.

    Life & Leisure

    Sensei Lanai

    Rich List

    Cameron Judd believes gold prices could reach an eye-watering $US3600 an ounce.

    Original URL: https://www.afr.com/chanticleer/inside-brookfield-s-decades-long-bet-on-ausnet-20211101-p594zv