Brazilian metals and mining company Vale SA (<a href="https://www.b3.com.br/en_us/market-data-and-indices/data-services/market-data/quotes/?tvwidgetsymbol=BMFBOVESPA%3AVALE3" target="_blank">BVMF:VALE3</a>) has struck a deal to take full control of Alianca Geracao de Energia SA, a privately held company with a hydro and wind power portfolio in Brazil, in a transaction valued at BRL 2.7 billion (USD 540.6m/EUR 500.8m).