Over six years, ENGIE invested €3.8 billion in Brazilian energy transition. Illustrated by ENGIE.
- 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
Allegations include bribing Indian officials to secure renewable energy projects worth $6 billion. (Image Credit/Source: Kelly/Pexels)
NTPC prioritizes solar over wind, limiting wind and battery projects to 10% of its renewable portfolio. (Image Credit/Source: Kelly/Pexels)
Scatec retains 13% and 12% stakes in Kalkbult, Linde, and Dreunberg solar plants after the sale to STANLIB. (Image Source: Scatec)
The financing partnership between RIC Energy and Rosemawr will fund interconnection deposits for up to 450 MW of renewable projects in NY. (Image Source: RIC Energy)