Brazil's Light: AES Tietê makes binding proposal for Renova's wind project
In This Article:
SAO PAULO, Dec 5 (Reuters) - Brazil's Light said on Wednesday it had received a binding proposal from AES Tietê Energia to acquire Alto Sertão III and 1.1 GW in other wind projects controlled by its subsidiary Renova Energia SA.
In a securities filing Light said Renova had not made a decision about the deal and that it continued to study other alternatives to its capital structure.
(Reporting by Carolina Mandl; Editing by Jon Boyle)
Terms and Privacy Policy