Brazilian utility company Neoenergia SA (<a href="https://www.b3.com.br/pt_br/busca/?query=neoenergia" target="_blank">BVMF:NEOE3</a>) said today it will invest BRL 300 million (USD 52.2m/EUR 49.1m) to expand the use of renewable energy in Pernambuco's Fernando de Noronha archipelago.