Renova approves AES Tieste bid for 400 MW Brazilian wind project

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Renova Energia's board of directors has approved AES Tiete Energia's proposal to bid for the 400 MW Alto Sertao III wind project. The value of the bid remains undisclosed.

The project involves the installation of a complex of 26 wind farms with a total installed capacity of 400 MW, located across several municipalities in Bahia, a northeastern state of Brazil. The complex contains 155 turbines.

The transaction will go through a due diligence process.

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