Renova receives offer for wind farm

Renova receives offer for wind farm

M&A Equity Project & Infrastructure Finance Energy Renewable Wind Brazil US

Brazilian renewable energy company Renova Energia said on Monday evening that it received a binding offer to buy the first phase of the Alto Sertão III wind power project from US investment firm Castlelake. Renova did not say how much Castlelake offered for the wind farm and added that it is evaluating other offers for Alto Sertão III, according to a securities filing. Late last month, three investment fund managers, ARC Capital, G5 Partners and XP Investimentos, offered to provide financing to

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