The firm brand of Cemig is displayed on a display screen on the ground of Brazil’s B3 Stock Exchange in Sao Paulo, Brazil, July 25, 2019. Picture taken July 25, 2019. REUTERS/Amanda Perobelli/File Photo
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SAO PAULO, June 29 (Reuters) – Brazilian energy utility Cemig (CMIG4.SA) mentioned on Wednesday it reached a deal to acquire a particular goal firm holding three photovoltaic plants for round 100 million reais ($19.30 million).
The fee shall be made when the solar plants begin working, which is scheduled to occur between July and February 2023, the corporate mentioned. The plants are situated in Minas Gerais state and can provide round 2,500 industrial and industrial clients.
($1 = 5.1820 reais)
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Reporting by Peter Frontini
Editing by Chris Reese
Our Standards: The Thomson Reuters Trust Principles.
Brazil’s Cemig to acquire three solar energy plants & More Latest News Update
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