Brookfield ( BAM ), together with its institutional partners including Brookfield Renewable ( BEP ) and Temasek, through a special purpose vehicle exclusively controlled by Brookfield, has entered into exclusive negotiations to purchase a 53.32% shareholding in Neoen, a global renewable energy developer headquartered in France, from Impala, the Fonds Strategique de Participations – FSP -, Cartusia and Xavier Barbaro, and other shareholders at a price per share of EUR39.85. Following the block acquisition, Brookfield Renewable Holdings would file a mandatory cash tender offer for the remaining shares and outstanding convertible bonds or OCEANEs in Neoen at a price of EUR39.85 per share and at a price per OCEANEs issued in 2020 and 2022 in line with the offer price for the shares and the terms of each OCEANE.