Atlas Renewable Energy has expanded its ability to fund further plant development in Brazil by selling 545 MW of operating assets to Engie Brasil Energia for BRL 3.2 billion ($641 million). The acquisition will increase Engie’s share of Brazil’s utility-scale solar generation capacity from 3% to 9%.
The US$1.54 billion transaction will make Con Edison the 2nd-largest owner of operational solar assets in the United States, and is expected to close by the end of the year.
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