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CPFL Energias Renovaveis SA Acquires Rosa dos Ventos Geracao e Comercializacao de Energia SA


Wednesday, 19 Jun 2013 08:16am EDT 

CPFL Energias Renovaveis SA announced that on June 18, 2013 it signed a contract with Martifer Renovaveis Geracao de Energia e Participacoes SA for the purchase of 100% of shares of Rosa dos Ventos Geracao e Comercializacao de Energia SA (Rosa dos Ventos). Rosa dos Ventos holds an authorization granted by the National Agency of Electric Energy (ANEEL) for exploration of wind farms: Canoa Quebrada, with an installed capacity of 10.5 megawatt, and Lagoa do Mato, with an installed capacity of 3.2 megawatt. The value of the acquisition amounts to BRL 99.7 million.