Brookfield, Cannon-Brooks jointly bid for AGL Energy
Cannon-Brooks jointly bid for AGL Energy Canadian asset manager Brookfield and Australian billionaire Mike Cannon-Brookes have teamed up on a joint bid for AGL Energy. It is understood the pair submitted a non-binding and indicative offer and it is being considered by AGL Energy’s board. AGL’s power plants account for an estimated 8 per cent of Australia’s greenhouse gas emissions. Paul Jones They are believed to be keen to acquire AGL Energy in full - including its retail operations and power generation - ahead of the company’s plans to split in two. An AGL Energy spokesperson declined to comment on Sunday. Brookfield could not be reached for comment prior to publication. Brookfield and Cannon-Brookes are understood to be keen to accelerate AGL Energy’s plans to exit coal-fired power Brookfield and invest in more renewable energy generation projects and infrastructure.