Brazil's CBA acquires stake in wind farms to supply aluminium output

August 31, 2021 / www.metalbulletin.com / Article Link

Brazilian aluminium producer Companhia Brasileira de Alum?-nio (CBA) acquired a 49% stake in two wind power generation assets from a joint venture by sister company Votorantim Energia and the Canada Pension Plan Investment Board (CPP Investments) for 59.56 million Reais ($11.4 million), the company said on Monday August 30.

The two units are a part of the Ventos do Piau?- I and II complex, located between Brazil's northeastern states of Pernambuco and Piau?-. The wind farms, Ventos de Santo Anselmo and Ventos de Santo Isidoro, have the installed capacity to generate 171.6 megawatts, and an average 74.4 MW assured energy.

CBA...

Recent News

Gold stocks outperform, New Found Gold down on initial MRE

March 31, 2025 / www.canadianminingreport.com

Global Mining M&A sees moderate gain in 2024

March 31, 2025 / www.canadianminingreport.com

TSX/TSXV mining could continue to see strong equity capital raising 2025

March 24, 2025 / www.canadianminingreport.com

Gold stocks continue to outperform in move into defensives

March 24, 2025 / www.canadianminingreport.com

Gold stocks reach new highs

March 17, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok