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Pinheiro Neto and Mundie behind renewables buy

Por: Latin LawyerImprimirVisualizar em PDF

Pinheiro Neto Advogados has helped Brazilian thermal power producer Companhia Energética de Petrolina (CEP) purchase renewable energy assets from a subsidiary of electricity company Engie Brasil Energia for 390 million reais (US$120 million).

Engie enlisted Mundie e Advogados for the sale, which was signed on 23 December. The deal is subject to approval from the Administrative Council for Economic Defense and Brazil's National Electric Energy Agency.

The purchase includes wind farms in Ceará and Piauí in northeast Brazil, and a hydroelectric power plant in Minas Gerais.

Counsel to Companhia Energética de Petrolina

Pinheiro Neto Advogados

Partner Fernando Prado Ferreira and associate Fernando Pacheco Di Francesco

Counsel to Engie Brasil Energia

In-house counsel - Mariana Gouthier and Lisandra Heldwein

Mundie e Advogados

Partner Rodolpho Protasio and associate Leonardo Fernandes Burlamaqui

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