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New Deal


Announced

Copel to acquire the 260MW two wind farms of EDP Renewables for $345m.

Financials

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Transaction Value£303m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Friendly

Brazil

Pending

Private

Alternative Fuels

Domestic

wind farm

Majority

Single Bidder

Acquisition

renewable energy

Synopsis

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Copel, a Brazilian power company, agreed to acquire the 260MW two wind farms of EDP Renewables, an energy company, for $345m. “The acquisition is part of the company's strategy of growth in renewable energy, expands the diversification of the generation matrix and is fully in line with its investment policy,” Copel.

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