Brookfield Renewable Partners, a Canadian investor and asset manager, has entered a binding agreement to acquire an unspecified 1200 MW solar project in Brazil. The transaction will close in the fourth quarter 2020, and the project, which has PPAs for three-quarters of its capacity, should be commissioned in 2023. Brookfield plans to arrange PPAs for the remaining quarter before construction begins, and another $200 million equity is needed to complete the project. Brookfield Renewables acquired its first Brazilian solar with 278 MW acquisitions in January, but already holds extensive assets in hydroelectrics, wind, and transmission infrastructure. Through to 2024, Brookfield plans to spend $4 billion on project development and acquisitions. It has assets worth $48 billion, including 19.3 GW of…