Brookfield Asset Management is preparing a hostile takeover bid for Australian energy company AGL Energy having a had a previous bid rejected. The proposed $3.6 billion deal would take the company private before up to $14 billion is invested in turning AGL Energy – one of Australia’s largest emitters through its coal business – into one of Australia’s largest clean energy retailers. The strategy, for example, would see the early closure of three coal fired power stations, which would be replaced with 8 GW of renewables energy plus storage capacity. AGL Energy currently has an annual revenue of $8 billion, servicing around 4.2 million customer contracts. The Bureau of Ocean Energy Management (BOEM) in the US has opened its seabed…