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Omega Energia and Apolo close an agreement to have a solar energy holding company

Agreement provides for the acquisition, structuring and implementation of photovoltaic projects in Brazil throughout 2024

Omega Energia and Apolo close an agreement to have a solar energy holding company

Initial investments for acquisition and structuring of projects are estimated at R$140 million. Photo: Freepik

A omega energy signed a agreement with Apolo Gestão de Recursos for the creation of a holding facing the implementation of solar energy generation projects in Brazil.

A companhia committed to investing R $ million 58,5 to get 69,95% of the holding in partnership with Apolo, that will hold the remaining 30,05% of the share capital of the new company. 

Os initial investments In this first phase of the operation for acquisition and structuring of projects are estimated at R $ million 140, as well as the implementation of six DG (distributed generation) photovoltaic plants – which, together, total a capacity of 19,5 MWp.

Os agreements also include the possibility of additional investments and which can reach a total own generation capacity of up to 141,1 MWp in a second phase. In this case, the Investments can exceed the R$1 billion mark.

Os projects should be fully operational throughout 2024 and the financial resources required for these investments will be obtained mainly through trading operations related to margin increases on some of the company's assets, the document added.

Henrique Hein
About the Author
Henrique Hein

He worked at Correio Popular and Rádio Trianon. He has experience in podcast production, radio programs, interviews and reporting. Has been following the solar sector since 2020.

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