Brazil approves sale of 81.5% stakes in Cosan Biomassa
Brazil’s antitrust agency CADE (Administrative Council for Economic Defense) has approved the bid of Royal Dutch Shell Plc to acquire the 81.5% stake in Cosan Biomassa from Raizen Energia.
Cosan Biomassa is a producer of sugarcane bagasse and straw pellets for power generation.
Raizen Energia is a joint venture between its local arm Shell Brazil Holding BV and Brazil's Cosan.
Country updates
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October 28, 2019
AES Tiete ends deal with Renova for 743 MW Alto Sertao III wind project sale
AES Tiete Energia SA has ended the deal with Renova Energia SA for the sale of the 743 MW Alto Sertao III wind power complex plus a 1.1-GW wind project pipeline. The two companies have fai...
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October 28, 2019
Copel completes construction of 181 MW Cutia wind complex in Brazil
Copel has put into operation the last three generating units of the Cutia Wind Complex, located in the municipalities of São Bento do Norte and Pedra Grande, on the coast of Rio Grande do Norte...
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October 25, 2019
BNDES approves financing to 360 MW Umburanas wind complex in Bahia
The Brazilian Development Bank (BNDES) has approved financing of BRL1.26 billion (US$312.4 million) to Engie's 360 MW phase of Umburanas Wind Complex. The 360 Mw phase of the Umburanas Wind Power Com...
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October 24, 2019
Voltalia wins 48 MW of renewable energy projects in Brazilian tender
Voltalia wins new long-term power purchase agreements in Brazil during the public auctions organized by the national regulator for a 32 MW (solar) and a 16 MW (hydro) capacity. The Solar Serra...
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October 22, 2019
Enel to complete takeover of Eletropaulo through the remaining shares
Enel Brasil, a unit of Enel Group, is set to complete the takeover of the Brazilian distribution company Enel SP, formerly known as Eletropaulo, through the acquisition of the remaining stakes it...
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