February 27, 2018 / 10:39 PM / 6 months ago

BRIEF-Brazil's Renova Energia accepts Brookfield proposal to buy assets

Feb 27 (Reuters) - Renova Energia Sa:

* BRAZIL’S RENOVA ENERGIA SAYS ACCEPTS BINDING PROPOSAL FROM BROOKFIELD TO BUY ALTO SERTAO III PROJECT, OTHER WIND PROJECTS

* BRAZIL’S RENOVA ENERGIA SAYS PRICE FOR ALTO SERTAO III OF 650 MILLION REAIS WITH POSSIBLE 150 MILLION REAIS EARNOUT

* BRAZIL'S RENOVA ENERGIA SAYS PRICE FOR 1.1 GIGAWATTS OF WIND PROJECTS IN DEVELOPMENT OF 187,000 REAIS PER MEGAWATT Source text in Portuguese: [bit.ly/2oBYx59] Further company coverage: (Reporting By Jake Spring)

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