Avaada Ventures pays back Brookfield’s debt in ₹6,700 crore deal

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  "detected_at": "2026-09-23T07:03:43+00:00",
  "company": {
    "name": "Brookfield",
    "domain": "brookfield.com"
  },
  "data": {
    "url": "https://www.livemint.com/companies/news/avaada-brookfield-exit-rs-6713-crore-renewable-energy-11790133469766.html",
    "title": "Avaada Ventures pays back Brookfield’s debt in ₹6,700 crore deal - livemint.com",
    "excerpt": "This is a Mint Premium article gifted to you. Subscribe to enjoy similar stories. NEW DELHI: Avaada Ventures Pvt Ltd, a renewable energy solutions company, has repaid Brookfield Renewable’s debt in a deal valued at about ₹ 6,713 crore, delivering a two-fold return on the investment, according to two people aware of the development. The Canadian private equity and asset management company, through its Brookfield Global Transition Fund (BGTF), had committed to invest up to $1 billion in Avaada Group’s holding company Avaada Ventures via optionally convertible debentures in 2023. “Out of the commitment of up to $1 billion, about $400 million was invested by Brookfield,” one person said, requesting anonymity and adding that Brookfield did not convert its debentures. Brookfield invested ₹ 3,290 crore and realized ₹ 6,713 crore, the people said. The investment has delivered a return of about two times for Brookfield, said a second person, who also asked not to be identified. “We will not be commenting on this matter,” a Brookfield spokesperson said in an emailed response to Mint . Queries emailed to an Avaada Group spokesperson on Tuesday remained unanswered till publishing time. Brookfield’s exit comes ahead of a ₹ 7,600 crore initial public offering (IPO) by Avaada Group company Avaada Electro Ltd. The company plans to raise ₹ 1,600 crore through a fresh issue of shares and...",
    "summary": "Brookfield Asset Management has signed an agreement with Reliance Industries Ltd to explore opportunities for manufacturing renewable energy and decarbonization equipment in Australia.",
    "location": "Australia",
    "planning": true,
    "image_url": "https://www.livemint.com/lm-img/img/2026/09/23/1600x900/logo/solar_1687960468513_1790146800386_Ny6m_e04bc438-19ad-4075-8b5b-3112729b0569_tPWc.jpg",
    "confidence": 0.8,
    "published_at": "2026-09-23T07:03:43Z",
    "location_data": [
      {
        "region": "Australia and New Zealand",
        "country": "Australia",
        "continent": "Oceania",
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      }
    ],
    "article_sentence": "Brookfield Asset Management has also signed an agreement with Mukesh Ambani-promoted Reliance Industries Ltd to explore opportunities to manufacture renewable energy and decarbonization equipment in Australia.",
    "related_company_name": "Reliance Industries Ltd",
    "related_company_domain": "ril.com"
  }
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curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
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  -d '{"domain":"brookfield.com","limit":20}'