Actis Acquires Serra Branca Wind Power Project Rights (Latin America)

Source(s): BN Americas | Author(s): Gabriela Ruddy

Global growth markets investor Actis has purchased the rights to construct 197 megawatts of wind power projects in Brazil from Voltalia, a France-based renewable electricity producer and service provider. Completed through Actis’ Brazil-based wind power platform Echoenergia, the deal will authorize the firm to build wind projects on Voltalia-owned sites in the Serra Branca region of Rio Grande do Norte, a state in northeastern Brazil. Financial details of the transaction were not disclosed.