Brookfield Asset Management announced a $12 billion investment in Andhra Pradesh's renewable energy sector, marking the largest overseas commitment to India's green energy. This investment is significant as it aims to boost India's clean energy capacity and economic growth.

Brookfield Asset Management has announced a substantial investment of $12 billion in the renewable energy sector of Andhra Pradesh, which is expected to take place over the next three years. This investment is notable as it stands as the largest overseas commitment to India's green energy sector. In addition to renewable energy projects, Brookfield is also planning to establish a township and multiple hotels under its Leela brand, further diversifying its investment portfolio in the region. The firm is looking to invest across the entire value chain of the green energy sector, including projects related to manufacturing and green hydrogen. This commitment aligns with Brookfield's broader strategy to expand its investments in India from $30 billion to $100 billion by 2030, highlighting the growing importance of sustainable energy solutions in the country's economic landscape.