Petrobras completes sale of 51% stakes in 26 MW Mangue Seco 2 wind farm project

Petróleo Brasileiro S.A (Petrobras) has completed the sale of its 51% interest in Eólica Mangue Seco 2 – Geradora e Comercializadora de Energia Elétrica S.A. (Eólica Mangue Seco 2) to Mangue Seco Participações S.A., invested by Fundo de Investimento em Participações Multiestratégia Pirineus (FIP Pirineus), current partner with 49% of the equity.

After the fulfillment of all the preceding conditions, the operation was concluded with the payment of BRL34.2 million (US$6.74 million) to Petrobras, already with the adjustments provided for in the stock purchase and sale agreement.