Renova accepts AES offer for wind farms

Renova accepts AES offer for wind farms

M&A Energy Wind ESG Renewable Brazil

Brazilian renewable energy company Renova Energia said it has accepted an offer from US power company AES Corp to sell three wind farms in the northeastern state of Rio Grande do Norte for an undisclosed amount, according to a securities filing. The three wind farms – Facheiro II, Facheiro III and Labocó – have 305 MW in installed capacity and are part of the Cordilheira dos Ventos complex. AES has the right to make a matching offer if another company bids for the assets, Renova said in the fili

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