Renova Energia expects to resume work on wind farm after $64 mm loan

Renova Energia, a clean generation company that has Cemig as its main shareholder and is under judicial recovery, intends to resume next month the works of its most important asset, the Alto Sertão III-Phase A wind farm, paralysed for years. The construction of the project in Bahia will be possible due to funds from a loan of about R$ 362.5 million ($64.7 mm) from Quadra Gestão de Recursos pocketed by Renova.

Source: 6 minutos