AES Tiete strikes $134m deal with Renova for Brazilian wind assets

In:

Renewables

Region:

Americas

Brazilian energy firm AES Tiete Energia has reached a deal with Renova Energia to acquire the 743MW Alto Sertao III wind power complex and a 1.1GW wind project pipeline for BRL516 million ($134 million).AES Tiete will pay BRL350 million for the 438MW Phase A that is in the pre-operational stage,...

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