ENGIE to expand its Brazil PV portfolio

• ENGIE acquires 100% of two Brazilian-based subsidiaries of Atlas Renewables.
• Asset involve Energia Renovável do Brasil S.A. and Brasil Energia Holding 2 S.A.
• The acquisition includes 545 MW PV plants in Bahia, Ceará, and Minas Gerais.
• Transaction value is €618 million, subject to contractual conditions.
• Completion depends on meeting precedent conditions, including CADE approval.

CADE = Administrative Council for Economic Defense