Perfin creates solar energy company and expects to invest $1 bn by 2025

Brazilian asset manager Perfin has created a new company focused on renewable energy generation in Brazil, mainly solar, with plans to invest R$5.5 billion ($1 bn) by 2025, a company executive told Reuters. The deal highlights both the appetite of investment funds for transactions in Brazil’s electricity sector and the strong interest aroused by the country’s potential in renewables.

Source: UOL Economia