Omega kickstarts Brazilian energy M&A

Omega kickstarts Brazilian energy M&A

M&A Brazil

Brazilian renewable energy company Omega Geracao has purchased the Assurua wind complex from Companhia de Energias Renovaveis for BLR1.9bn or $489.5m, kicking off a potential increase in renewables consolidation in Brazil. "The economy is coming back and that is going to attract more deals," said Pedro Seraphim, head of Tozzini Freire law firm’s energy practice. "There is a lot of consolidation already taking place with stronger companies looking to invest, and not just in renewables but also i

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