Castlelake expects to invest up to $960 mm in renewable energy in Brazil

Castlelake resource manager has plans to invest between R$4 billion and R$5 billion ($769 and $960 mm) in renewable energy in Brazil in the next five years, after closing the acquisition of the Queiroz Galvão construction company’s generation unit in the country. The investments will be made through Ibitu Energia and the objective is to double the installed capacity in the next five years.

Source: UOL Economia