Brazilian power utility Engie Brasil Energia SA (BVMF:EGIE3) announced on Tuesday that it has concluded the sale of 63.4 MW of renewable energy plants to Companhia Energetica de Petrolina (CEP).
The transaction is valued at almost BRL 392 million (USD 119.7m/EUR 102.8m), according to information by Engie. More details on the assets are available in the table below.
Last week, Brazil's power sector regulator Aneel approved the transfer of the project rights for the 605-MW Umburanas wind complex from Renova Energia SA (BVMF:RNEW11) to Engie.
(BRL 1 = USD 0.306/EUR 0.262)
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Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.