The Energy Alliance, a joint venture formed by the management company Global Infrastructure Partners and the mining company Vale, signed an agreement to acquire the Caetité Norte Wind Complex, in Bahia, from Pontal Energy. The information was released this Monday (22) by Reuters Agency.
The transaction value was not disclosed. The acquired asset is fully operational and has an installed capacity of 193,2 MW, distributed across 46 wind turbines from the manufacturer WEG, each with a capacity of 4,2 MW.
According to Reuters, this is the first sale of a mature asset by Pontal Energy, a company controlled by the private equity firm Denham Capital. Pontal's CEO, Gustavo Ribeiro, stated that the deal aligns with the company's capital recycling strategy.
“The sale of the Caetité Norte Wind Complex is another consistent step in our capital recycling strategy and demonstrates our platform's ability to generate value at different stages of the asset cycle,” said the CEO of [Company Name]. Pontal EnergyGustavo Ribeiro to Reuters Agency.
The completion of the operation depends on the approval of CADE (Administrative Council for Economic Defense), in addition to the fulfillment of other precedent conditions.
According to Reuters, Pontal plans to preserve capital in Brazil for strategic reinvestments, citing the consolidation of the renewable energy market and the development of technologies such as large-scale storage and digital solutions for the sector.
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