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Brazil's Light: AES Tietê makes binding proposal for Renova's wind project

 


 


By Reuters

SAO PAULO
Petroleumworld 12 06 2018

Brazil's Light said on Wednesday it had received a binding proposal from AES Tietê Energia to acquire Alto Sertão III and 1.1 GW in other wind projects controlled by its subsidiary Renova Energia SA.

In a securities filing Light said Renova had not made a decision about the deal and that it continued to study other alternatives to its capital structure.

 


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Reporting by Carolina Mandl; Editing by Jon Boyle from Reuters.

reuters.com
12 05 2018




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