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Brazilian energy company AES Brasil (formerly AES Tiete Energia SA) has signed an agreement with Cubico Brasil to purchase all of
its 158.
5 MW wind portfolio.
AES Brasil said Sunday night that the deal was valued at BRL 806 million ($155.
2 million), including BRL 277 million (about USD 52.
8 million) in net debt
.
Brazilian energy company AES Brasil is buying a business (SPE)
with a 94.
5 MW MS wind farm and a 64 MW Santos wind farm.
These power plants, which began operations in 2013, are located in the states of Rio Grande do Norte and Ceará
.
At auctions held in 2009 and 2011, both wind farms had 20-year power purchase agreements (PPAs).
Upon completion of the transaction, AES Brasil will have 4 GW
of installed renewable energy capacity.
Brazilian energy company AES Brasil (formerly AES Tiete Energia SA) has signed an agreement with Cubico Brasil to purchase all of
its 158.
5 MW wind portfolio.
AES Brasil said Sunday night that the deal was valued at BRL 806 million ($155.
2 million), including BRL 277 million (about USD 52.
8 million) in net debt
.
Brazilian energy company AES Brasil is buying a business (SPE)
with a 94.
5 MW MS wind farm and a 64 MW Santos wind farm.
These power plants, which began operations in 2013, are located in the states of Rio Grande do Norte and Ceará
.
At auctions held in 2009 and 2011, both wind farms had 20-year power purchase agreements (PPAs).
Upon completion of the transaction, AES Brasil will have 4 GW
of installed renewable energy capacity.
