Minas Gerais signs $560 bn agreement with UK for green development

Minas adherence to the agreement will generate additional revenue and jobs, according to Ambassador Liz Davidson’s assessment. The UK wants to cut emissions by 68% by 2030. Brazil has enormous comparative advantages to position itself as a green economy. Low-carbon measures would result in a cumulative increase of R$2.8 trillion ($560 bn) in 2030, and 2 million more jobs in 2030, mainly in industry and services,” he said.

Source: Portal Solar

Energias do Brasil acquires 40% of Blue Sol

Energias do Brasil said it had signed, through its subsidiary EDP Ventures, an investment agreement in Blue Sol, which owns Blue Sol Energia Solar, Blue Sol Franquia and Blue Sol Educacional. EDP acquired a minority stake of up to 40% of Blue Sol’s voting share capital. The agreement allows the company to acquire control three and a half years after the transaction is completed.

Source: Money Times