Renova Energia plans to restart construction of wind farm after receiving DIP financing

Renova Energia received on Friday the proceeds from the DIP financing negotiated with Quadra Capital, complying with one of the main pillars of its judicial recovery plan, approved in December by creditors. With this, the company announced the resumption of construction of its most important asset, the Alto Sertão III-Phase A wind farm, next month. Renova Energia is advised by our Insolvency and Restructuring team.

See more details in the article, distributed by Reuters and picked up by Yahoo, at: