Vale announced that it is analyzing the possibility of selling around 70% of its stake in Aliança Energia to the investment fund GIP (Global Infrastructure Partners).
In addition to the stake in the renewable energy generator, the potential transaction also includes other assets in the mining company's portfolio, such as Sol do Cerrado Complex and the Candonga Consortium, both considered strategic in the energy sector.
The statement was released this Friday (14), in response to information published in the press about a possible advance in negotiations for the sale of the majority share of these assets.
Vale confirmed the existence of negotiations, but clarified that a binding agreement has not yet been signed. The company emphasized that any decision on the sale of assets will be made in accordance with its internal policies and corporate governance rules.
About Aliança Energia
Created in 2015, Aliança Energia is a joint venture originally formed by Vale and cemig to act in the generation of energy from renewable sources.
Currently headquartered in Belo Horizonte (MG), the company has 1.438 MW of installed capacity in renewable energy projects.
In August 2023, Vale acquired 45% of Aliança Energia that belonged to Cemig, consolidating 100% of the company's capital in a deal valued at R$4,7 billion.
Sol do Cerrado Complex
The Sol do Cerrado Complex is one of the largest solar projects in operation in Brazil. The project consists of 17 photovoltaic plants, located in the municipality of Jaíba (MG), with a capacity of 766 MWp.
The structure occupies an area equivalent to 1,3 football fields and has more than 1,4 million photovoltaic modules.
In addition, it has an automatic sun tracking system and approximately 10,2 million meters of electrical cables to conduct the generated energy. The total investment in the project was approximately R$3 billion.
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