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