Renova says has received multiple offers for Alto Sertao wind farm
Published Jul 18, 2018 06:59
Renova says has received multiple offers for Alto Sertao wind farm
SAO PAULO, July 18 (Reuters) - Brazilian energy company Renova Energia SA RNEW11.SA is continuing the sale process for its unfinished Alto Sertao III wind farm in the state of Bahia after talks with a unit of Brookfield Asset Management SA BAMa.TO fell apart, the firm said on Tuesday, and "various" firms have made non-binding offers. a securities filing, Renova, owned by Companhia Eletrica de Minas Gerais SA CMIG4.SA and Light SA LIGT3.SA , said the potential acquirers are in the due diligence phase, and exclusivity has not yet been granted to any party.
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Written By: Reuters
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