AES Tietê acquires Ventus Wind Complex for $130 mm

AES Tietê informed that it acquired all the shares of the companies that make up the Ventus Wind Complex (Brasventos Eolo, King of Winds 3 and Miassaba 3), located in the Northeast region, for the total amount of up to R$ 650 million ($130 mm). Of this amount, 51% of R$ 449 million ($89.8 mm) will be paid at the closing of the operation and 49% after five months from completion.

Source: Money Times