Brazil’s Cade okays AES’ acquisition of 158.5-MW wind portfolio
January 26 (Renewables Now) – Brazil’s competition regulator CADE has okayed the acquisition of a 158.5-MW wind portfolio by local power producer AES Brasil (B3:TIET11), formerly AES Tiete Energia SA.
The deal, approved without restrictions, is valued at BRL 806 million (USD 147.4m/EUR 121.4m), including BRL 277 million of net debt, AES Brasil said previously.
By Lucas Morais via Renewables Now