ContourGlobal sells Brazilian hydro business
Date
July 07, 2022
Type
M&A Transactions
Subtype
Transaction completed
Countries
Brazil
Subsectors
Hydroelectric
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Infraestrutura Brazil Holding XVII SA and Infraestrutura Brasil Holding XIX SA has completed the acquisition of the hydroelectric generation business of ContourGlobal in Brazil.
The asset consists of nine run-of-river hydroelectric generation assets with 168 MW of gross capacity. The transaction is valued at US$112 million. Cantor Fitzgerald Canada Corporation and BNP Paribas SA acted as financial advisors to ContourGlobal plc.
