Petrobras starts binding phase for the sale of 100 percent of its stake in wind farm assets in Rio Grande do Norte

Wind farms in Rio Grande do Norte – last Friday (12), Petrobras announced the start of the binding phase for the joint sale with Wobben of all of its shares (51% Wobben and 49% Petrobras) in wind farms. Container Terminal in Paranaguá (PR), receives shipment of parts that will be used in the expansion of Klabin's Puma II Project.

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According to Petrobras, the start of the binding phase refers to the sale of all of its shares in the companies Eólica Mangue Seco 3 – Geradora e Comercializadora de Energia Elétrica SA (Eólica Mangue Seco 3) and Eólica Mangue Seco 4 – Geradora e Comercializadora de Energia Elétrica SA (Eólica Mangue Seco 4), owners of wind power generation plants.

In a note, Petrobras states that “Potential buyers qualified for this phase received a descriptive memorandum containing more detailed information about the assets in question, in addition to instructions on the divestment process, including guidelines for preparing and submitting non-binding proposals.”

The next stages of the project will be informed by Petrobras in due course to the market and, according to the company's expectations, the process should enter the binding phase of the sale in the coming weeks.

About the Mangue Seco 3 and Mangue Seco 4 wind farms in Rio Grande do Norte

The Mangue Seco 3 and Mangue Seco 4 wind farms are located in Guamaré, in the state of Rio Grande do Norte, and are part of a complex of four wind farms (Mangue Seco 1, Mangue Seco 2, Mangue Seco 3 and Mangue Seco 4) with a total installed capacity of 104 MW. The Wind Mangue Seco 3 and Mangue Seco 4 own and operate two wind farms with a total capacity of 52 MW, 26 MW each.

Wind farms Mangue Seco 1 and Mangue Seco 2 are also in the process of divestment, as announced on 31/01/2020 and 04/05/2020.

Petrobras moves forward with the sale of 100% of its assets in Colombia

Petrobras informed on this day (01), that it started a new stage of a process referring to the sale of 100% of the shares held by Petrobras International Braspetro BV (PIB BV) and other Petrobras subsidiaries, in Petrobras Colombia Combustibles (PECOCO)

In Colombia, the state-owned company operates, through PECOCO, in the market for the distribution and sale of gasoline, diesel and lubricants, with a network of 124 service stations and 7 storage units.