Announced
Financials
Tags
Acquisition
Private
Brazil
Domestic
Friendly
Majority
power plant
thermoelectric generation
Pending
Conventional Electricity
Synopsis
Investment holding companies Perfin Space X and Grafito Fundo de Investimento em Participações Multiestratégia, agreed to acquire Pampa Sul Thermoelectric Plant, a thermoelectric power generator, from Engie Brasil, an energy company, for $86m. "This disposal is very positive for ENGIE’s plans of directing its efforts and investments towards renewable energy projects and transmission infrastructure. Following the conclusion of the operation, we shall have taken a further step forward in our strategy, ENGIE consolidating its position as the largest clean energy company in the Brazilian electricity sector, totaling 8k MW of proprietary installed capacity derived from renewable sources," Eduardo Sattamini, Engie Brasil Chief Executive and Investor Relations Officer.
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