Brookfield-CPPIB Consortium Reaches Next Round in Sale of German Utility Uniper

A consortium of Brookfield and CPPIB is among suitors that have advanced to the next stage to buy German state-owned utility Uniper, according to two people familiar with the process. MarketScreener reported the move on November 13, 2026. A spokesperson for the consortium declined to comment.

Brookfield and CPPIB Move Forward on Uniper

Brookfield Corporation is a Canada-based global investment firm with three core businesses: Alternative Asset Management, Wealth Solutions, and Operating Businesses spanning infrastructure, energy, private equity, real estate, and credit. The Canada Pension Plan Investment Board reported a 0.5% net loss in the second quarter, with fixed-income losses offset by gains in public equities, private equity, and real assets, according to BNN.

The consortium's advance to the next stage places it among the suitors still in the process for Uniper, the German state-owned utility. The report did not state a price, payment structure, or expected closing date for a transaction.

Brookfield's Recent Deal Activity

Brookfield's recent moves include a June 2026 joint venture with Safehold involving US ground lease assets generating approximately $14 million in annualized cash ground rent at a gross valuation of roughly $348 million, according to akta.pro company records. In the same month, Concert Properties formed a joint venture with a Brookfield affiliate for an eight-property Canadian industrial portfolio totaling approximately 5.3 million square feet. Brookfield's platform carries $1T+ in total assets under management, $614 billion in fee-bearing capital, and a $145 billion permanent capital base.

Earlier Brookfield Transactions

Brookfield agreed in November 2026 to acquire a fully leased logistics facility in Prestons, southwest Sydney, from Goodman Group for A$203.5 million, Ipe reported. The same month, Brookfield said it expects up to half of its new capacity to be in batteries as it closes on the Aypa acquisition, according to Recharge. In November 2026, Brookfield also outlined plans for a large AI data center complex in England, with potential investment topping £20 billion and an initial 100MW phase targeted by early 2028, Simply Wall St reported.