AES Tietê targets wind power acquisitions

AES Tietê targets wind power acquisitions

Corporate & Sovereign Strategy Equity Capital Markets Debt M&A Renewable Energy Brazil Latin America United States ESG Wind

Brazilian power company AES Tietê plans to expand its renewable energy portfolio by acquiring wind projects backed with long-term power purchase agreements (PPAs), said CEO Italo Freitas on Friday. "We are focusing on M&A and greenfield opportunities and we try to look for opportunities where we have expertise in the physical asset management and where we can have a good turnaround in the asset," he said during a quarterly earnings call with analysts. Freitas said AES Tietê wants to strike a

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial