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 have 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 JonesThey 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, and invest in more renewable energy generation projects and infrastructure.
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Last
$9.86 |
Change
-0.030(0.30%) |
Mkt cap ! $6.633B | |||
| Open | High | Low | Value | Volume |
| $9.95 | $9.99 | $9.82 | $26.41M | 2.670M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 23824 | $9.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.89 | 5347 | 2 |
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| Last trade - 16.18pm 23/07/2025 (20 minute delay) ? |
| AGL (ASX) Chart |