Copel to acquire Voltalia's Vilas Wind Complex for $189m.

Financials

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Transaction Value£134m

Consideration TypeCash

Capital Owned-

Capital Bid For100%

EV/Sales-

EV/EBITDA-

Share Price Premium-

One Off Charge-

vendor

Voltalia Energia Do Brasil

bidder

Copel Telecom

target

Voltalia Energia Do Brasil (vilas Wind Complex)

Sources

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Tags

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Acquisition

Majority

Alternative Electricity

Single Bidder

Brazil

Pending

Friendly

wind farm

Domestic

Private

Synopsis

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Copel, a Brazilian electric utility company, agreed to acquire Vilas Wind Complex, a 186.7 MW wind power complex, from Voltalia Energia do Brasil, a renewable independent power producer, for $189m. The acquisition is a part of Copel's sustainable growth strategy in renewable energy.