Brazil Supreme Court minister holds up sale of TAG pipeline
A Brazilian Supreme Court judge has issued an injunction suspending some major divestments by Petrobras.
The decision, issued by Justice Edson Fachin, calls for the suspension of the 90% sale of TAG pipeline unit for US$8.6 million to Engie and Caisse de Dépôt et Placemente du Québec (CDPQ).
The sale of such assets must be carried out in an auction format and require Congressional approval.
Country updates
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May 23, 2019
Brazil inaugurates solar PV project in Ceilandia Norte
The Government of Brazil has inaugurated the solar project developed on a 12 hectares of land in Ceilandia Norte, Brasilia. The facility is developed under the Public-Private Partnership (...
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May 22, 2019
Eletrobras is set to sell stakes in wind assets
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May 22, 2019
Nebras Power completes purchase of an 80% stakes in 482.6 MW Brazilian solar PV portfolio from Canadian Solar
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May 22, 2019
Engie Brasil sets to put online the 360 MW Umburanas wind complex
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May 15, 2019
CADE approves stakes acquisition of Light, Cemig to Renova
The Brazilian antitrust regulator Cade has approved Light SA and Cemig SA planned purchase of the shares in the renewables developer Renova Energia SA. Light SA and Cem...
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