The deal es expected to be done by enf of 2017. The US company, KKR, wants to take advantage of the liquidity on the market and favourable valuations of green energy assets to monetise the stake
Renova announced on Tuesday that the exclusivity period for negotiations has finaly expired after being extended once. The initial 60-day exclusivity period was announced on July 17 and was supposed to expire in mid-September, but Renova gave more time to Brookfield so it could carry out due diligence and negotiate a transaction