Brookfield Renewable Holdings SAS increases the price offered for the 2022 OCEANEs as part of the simplified tender offer for the Neoen shares and OCEANEs

Core Viewpoint - Brookfield Renewable Holdings SAS has increased the offer price for the 2022 OCEANEs as part of its simplified tender offer for Neoen shares and OCEANEs, raising the price from EUR 101,382.00 to EUR 105,000.00 [1][2]. Group 1: Offer Details - The offer price for Neoen shares remains unchanged at EUR 39.85, and the price for the 2020 OCEANEs remains at EUR 48.14 [2]. - Brookfield will submit an updated draft offer document to the AMF reflecting the new price for the 2022 OCEANEs [2][4]. - Finexsi, appointed as an independent expert by Neoen, will provide an updated report to guide the ad hoc committee's recommendation to Neoen's board of directors [2][3]. Group 2: Brookfield's Holdings - Brookfield holds 103,464,986 shares of Neoen, representing 67.69% of the share capital and voting rights, and 1,103,895 2020 OCEANEs, which is 30% of the total [3]. Group 3: Neoen Overview - Neoen is a leading independent producer of renewable energy, with a total operational and under-construction capacity of 8.9 GW, having increased four-fold in the last six years [5][6]. - The company aims to reach 10 GW in operation or under construction by 2025 [7].