ENGIE to expand its Brazil PV portfolio

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

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