March 2, 2020
Brazilian renewable energy company Renova Energia said it received an offer from three investment fund managers to finance construction of the Alto Sertão III wind power project in the state of Bahia.
The local firms ARC Capital, G5 Partners and XP Investimentos could provide the funding to finish building the first phase of the wind farm, Renova said in a securities filing, without disclosing the amount or the financing terms.
Renova filed for bankruptcy protection in October last year, looking
ARC, G5 and XP offer to provide funding to finish construction of Alto Sertão III