With the assistance of Felsberg Advogados and Integra & Associados, Renova Energia, the largest group dedicated to the generation of renewable energy in Latin America, has completed another important step in the fulfillment of its judicial reorganization plan. Vinci Partners’ binding proposal for the acquisition, as stalking horse, of the shareholding that the group holds in the company Enerbrás Centrais Elétricas SA, has been formalized for the amount of BRL 265.8 million. Other investors interested in acquiring the asset must express interest by 7 October and present proposals by 21 October. The proposals will be opened on 25 October.
Read the full report, in Portuguese, at https://bit.ly/3EYypYG (available only to subscribers).