Brookfield launched a renewable energy platform named Lumara in India

¨     Brookfield launched a renewable energy platform named Lumara in India on 30 July 2026.

¨     The platform will deploy approximately $600 million in solar, wind, and battery storage projects.

¨     Lumara will begin operations with an initial portfolio of more than 6 GW of capacity.

¨     The platform is funded through Brookfield’s Catalytic Transition Fund.

¨     It is designed to accelerate renewable energy development through investments in power generation and energy storage assets.

Lumara will focus on three key renewable energy segments:

¨     Solar power

¨     Wind power

¨     Battery energy storage

The platform aims to address major project bottlenecks, including:

¨     Delays in Power Purchase Agreement (PPA) negotiations

¨     Grid connection queues

¨     Land acquisition timelines

Brookfield already has around 45 GW of wind and solar assets operational or under development in India.As of 30 July 2026, Brookfield's total investments in India have exceeded $32 billion across multiple sectors.