Brazilian hydro-electric Business

LONDON: ContourGlobal plc completed the previously announced sale of its Brazilian hydro-electric generation business to Infraestrutura Brazil Holding XVII S.A. and Infraestrutura Brasil Holding XIX S.A. (“Pátria Investments”). The Brazilian Hydro Business comprises nine run-of-river hydro-electric generation assets with 168MW of gross capacity. The Brazilian Hydro Business was divested for BRL 1.74bn including the assumption…