Radar > 231894

Light Energia considers sale of Renova stake

A Light Energia está avaliando a alienação da sua participação na Renova

Intel ID : 231894
Synopsis

Brazil-based Light Energia, a power distribution company, is considering the sale of its 15.87% stake in Renova Energia (BVMF:RNEW11), as reported by the company through a relevant fact published on 1 December 2015.

US-based SunEdison (NYSE:SUNE) has recently cancelled its contract with Light Energia, for the acquisition of a 15.87% stake in Renova Energia. The deal value was USD 250m.

For this reason, the company confirms it will continue its sale strategy, which includes selling Renova Energia's stake.
(content in portuguese)

A brasileira Light Energia, distribuidora de energia elétrica, está avaliando a alienação da sua participação de 15,87% na Renova Energia (BVMF:RNEW11), segundo publicou a empresa em comunicado do dia 01 de dezembro de 2015

A companhia norte-americana SunEdison (NYSE:SUNE), acabou de rescindir um contrato com a Light Energia, da aquisição de 15,87% da Renova Energia (BVMF:RNEW11). O valor da operação era de USD 250m.

Por este motivo a empresa confirma que continuará com a estratégia traçada, que inclui a venda da participação na Renova Energia.

Relevant Documents

Bidder

Target


Intel ID 231894
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Renova Energia
(31 Dec 2024)
Revenue: -
EBITDA: -
Net Debt: -
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Electric (Primary)
Secondary Sectors (TTRSC)
20.03.10 Power Transmission & Distribution
20 Energy & Utilities / 20.03 Power Generation & Electric Utilities

Country
Website
Description

Target

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Electric (Primary)
Primary Sector (TTRSC)
20.03.10 Power Transmission & Distribution
20 Energy & Utilities / 20.03 Power Generation & Electric Utilities

Secondary Sectors (TTRSC)
20.04.07 Renewable Energy Equipment
20 Energy & Utilities / 20.04 Renewable Energy

Country
Website
Description

Radar

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Date Target Country Buyer Seller VALUE (EURm) Subsector    

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verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.