Renova has received a binding proposal from Canada's Brookfield Asset Management Inc for a primary contribution of BRL 1.4 billion (USD 427.2m/EUR 366.1m)

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Renova has received a binding proposal from Canada's Brookfield Asset Management Inc for a primary contribution of BRL 1.4 billion (USD 427.2m/EUR 366.1m). If the bid is approved, Brookfield will be granted a 60-day exclusivity period, that could be extended for a further 30 days, to complete the transaction paperwork. The deal will be reviewed by Renova's boards and its shareholders
List of the country updates

Country updates

  • November 12, 2017

    Perennial Public Power District is to buy the output of the project via the Nebraska Public Power District

  • November 10, 2017

    The project has been brought online

  • November 10, 2017

    MGE has won the clearance from the Public Service Commission of Wisconsin (PSCW) to officially start the construction of the plant

    MGE has won the clearance from the Public Service Commission of Wisconsin (PSCW) to officially start the construction of the plant. Construction is expected to begin by the spring of 2018 and the completion is expected by the end of year

  • November 10, 2017

    Swancor has launched a request for proposal (RFP) to banks to finance the project

  • November 10, 2017

    The project has been rejected from regional authorities due to the presence of a military low-altitude flight training zone

    The project has been rejected from regional authorities due to the presence of a military low-altitude flight training zone. EDF says that it is going to appeal the decision

Share this update