AES Tietê buys two wind farms from Cúbico Brasil for $161 mm

AES Tietê had signed a contract with Cúbico Brasil for the acquisition by AES Brasil of all the shares of the companies that make up the MS Wind Complex and the Santos Wind Complex. According to the company, the total value of the acquisition is up to R$806 million ($161 mm) , of which R$529 million ($106 mm) is equity; and the assumption of the project’s net debt of R$277 million ($55 mm).

Source: 6 Minutos