Deals
Copel Agrees to $128 Million Purchase of Brazilian Wind Farms
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Cia. Paranaense de Energia, a Brazilian utility known as Copel, agreed to buy wind-energy company Salus Fundos de Investimento em Participacoes for 286.1 million reais ($128 million).
Salus Fundos owns seven projects with a total of 183.6 megawatts of capacity that won contracts to sell power in two government-organized auctions in 2010 and 2011, Curitiba, Brazil-based Copel said yesterday on its website. The purchase marks "the company’s effective entry into the wind generation segment."