Renova Energia receives offer for Alto Sertao wind complex 438 MW Phase A buyout
Renova Energia has received from Castlelake and its affiliates a binding proposal to buy phase A of 743 MW Alto Sertão III wind farm in Bahia state, Brazil.
Renova said it has not analyzed the offer yet and will keep studying alternative possibilities to deal with its capital structure. The firm is undergoing debt restructuring after it filed a Judicial Recovery Plan last year.
Country updates
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March 17, 2020
Petrobras starts binding phase for the sale of 10% stake in TAG
Petróleo Brasileiro S.A., more commonly known as simply Petrobras, has started the binding phase for the sale of the remaining 10% stake it owned in the Transportadora Associada de Gas (TA...
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March 17, 2020
Petrobras, Wobben Windpower to launch the sale of interests in Mangue Seco 3 and 4 wind project
Petrobras and Wobben Windpower Indústria e Comércio Ltda has started the disclosure stage for the joint sale of all shares in the Mangue Seco 3 and 4 wind farms. Petrobras owns the...
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March 16, 2020
Grupo Proyfe secures engineering service contract for Enel's Sao Goncalo III solar project in Piaui
Enel Green Power has contracted the Proyfe Group to carry out the property's engineering services for the construction of the 215 MW São Gonçalo III Solar Park. The&...
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March 12, 2020
Largest solar PPA signed in Brazil
Atlas Renewable Energy, along with Anglo American Plc, has signed the largest solar energy purchase and sale contract in Brazil with an investment of BRL881 million (US$187.8 million). The clean energ...
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March 12, 2020
Total Eren reaches financial close for the 90 MW Dracena solar project in São Paulo
Total Eren has achieved financial close for its 90 MW Dracena solar project located in the municipality of Dracena, Sao Paulo state in Brazil. The Dracena solar project is composed of three plan...
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