The Globe and Mail reports in its Tuesday edition that Brookfield Asset Management will walk away from Origin Energy after shareholders in Australia's largest power retailer rejected a $10.6-billion (U.S.) takeover bid by a consortium led by the asset manager on Monday. A Reuters dispatch to The Globe says that final votes were 31.08 per cent against the bid with 68.92 per cent in favour, lower than the 75-per-cent threshold required for a takeover to proceed. The deal was expected to fail after Origin's largest shareholder, pension fund AustralianSuper, said it would reject the $9.39-(Australian)-per-share offer. AustralianSuper owns 17 per cent of Origin, which was enough to block the bid. In a statement, Brookfield said it would take into account a new government plan to accelerate the rollout of green energy before it decides what to do next. A source familiar with the matter said the Canadian-based asset manager had no intention of returning with a renewed offer for Origin as it considered the government's green energy plans negative for Origin's future earnings. Reuters notes that Brookfield's proposal, made with EIG Partners, promised to build 14 gigawatts of renewable energy as part of a 10-year investment plan.