March 18, 2020
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
US investment firm Castlelake tries to buy the first phase of Alto Sertão III