— RN

3 min of reading

Petrobras Sells Its Stake in Mangue Seco 1 Wind Farm for R$ 44 Million in Rio Grande do Norte

Written by Roberta Souza

Published on 12/04/2021 at 17:06

Economy, Renewable Energy

Parque eólico/ Fonte: The One Brief

Be the first to react!

For R$ 44 Million, Petrobras Sold Its 49% Stake in Wind Farm Mangue Seco 1, Located in the State of Rio Grande do Norte

Petrobras sold to the investment fund V2I its 49% stake in Wind Farm Mangue Seco 1 for R$ 44 million. The complex, located in Guamaré, Rio Grande do Norte, has a total installed capacity of 26 MW and is part of four wind farms located in the region.

The Sale of Petrobras’ Wind Complex Stake

Petrobras announced that the transaction for the sale of Wind Farm Mangue Seco 1 was completed for R$ 44 million, and the adjustments stipulated in the share purchase and sale agreement were paid. This transaction aligns with the company’s strategy of optimizing its investment portfolio and improving capital allocation, aiming to bring maximum value to shareholders.

During the divestment process, Petrobras is expected to leave Rio Grande do Norte, as in a statement in August 2020, Petrobras indicated that in addition to its logistics and oil structure, it also announced plans to relinquish its onshore exploration areas.

ARTICLE CONTINUES BELOW

The Wind Complex in Rio Grande do Norte

The three parks already sold are part of a complex of four projects – Mangue Seco 1, Mangue Seco 2, Mangue Seco 3, and Mangue Seco 4, located in Guamaré, Rio Grande do Norte. They have a total installed capacity of 104 MW. Wind Farm Mangue Seco 1 has and operates a wind farm with a capacity of 26 MW.

About the Company That Acquired Petrobras’ Stakes

Vinci is a limited liability company responsible for managing the infrastructure funds of the Vinci Partners Group, thus named Vinci Infraestrutura Gestora de Recursos Ltda. Its subsidiary (Vinci Group) currently manages more than R$ 47 billion. The Vinci Group was founded in 2009 and has 226 employees, including 33 partners, with offices in Rio de Janeiro, São Paulo, Recife, and New York.

The Vinci Group has invested in various economic fields, among which we highlight Equatorial Energia SA, Light, LEST, Água Vermelha Transmissora, Arcoverde Transmissão de Energia, Transmissora Porto Alegrense de Energia, Grupo Los Grobo, Austral, Unidas, Burger King, among others.

Check out another news about Petrobras:

Two Nominated to the Petrobras Board Were Considered Unfit for the Position in the State-Owned Company

The Petrobras board of directors did not approve the appointment of 2 of the 11 candidates for the state-owned company committee. These candidates are considered unfit to hold positions in companies that have had a direct relationship with Petrobras in the past three years. The assessment is conducted by the people committee and consists of members of the collegiate and independent experts. If elected, the two candidates will assume the position along with shareholders, which will be approved this Monday, the 12th, during the assembly.

In addition to rejecting the names of Márcio Andrade Weber and Pedro Rodriguez Galvão de Medeiros, the committee also presented a series of opinions on other candidates. The only individuals who can pass the evaluator list are the current chairman of the company’s board of directors Eduardo Bacellar Leal Ferreira, Cynthia Santana Silveira, Murilo Marroquim, and Leonardo Antonelli, who currently hold minority seats on the collegiate and may run for reelection. Check out the full article by clicking here.

Petrobras Sells Its Stake in Mangue Seco 1 Wind Farm for R$ 44 Million in Rio Grande do Norte

For R$ 44 Million, Petrobras Sold Its 49% Stake in Wind Farm Mangue Seco 1, Located in the State of Rio Grande do Norte

The Sale of Petrobras’ Wind Complex Stake

The Wind Complex in Rio Grande do Norte

About the Company That Acquired Petrobras’ Stakes

Two Nominated to the Petrobras Board Were Considered Unfit for the Position in the State-Owned Company

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

While the United States and China compete over giant rockets and lunar bases, India made a “spaceplane” land on its own at over 320 km/h after being released by a helicopter at an altitude of 4.5 km; Pushpak shows that New Delhi also wants to enter the era of reusable space vehicles.

Japan and Mercosur may reach an agreement to lower the cost of cars and auto parts, with manufacturers like Toyota, Honda, and Nissan coming into focus.

Volkswagen is preparing an SUV derived from the new Amarok to compete with the Toyota SW4 and Haval H9, utilize the Argentine Pacheco factory, and transform a pickup into a more profitable family of products.

Virginia engineers transform 100,000 tons of demolished concrete from the Hampton Roads bridge into artificial reefs in the Chesapeake Bay, turning the debris from a mega-construction project into marine shelter while the old structure was still being dismantled.

Brazil gets its first ultra-fast 480 kW charger for electric cars, serving up to four vehicles at the same time and promising a charge from 10% to 80% in about 15 minutes.

Petrobras Sells Its Stake in Mangue Seco 1 Wind Farm for R$ 44 Million in Rio Grande do Norte

For R$ 44 Million, Petrobras Sold Its 49% Stake in Wind Farm Mangue Seco 1, Located in the State of Rio Grande do Norte

The Sale of Petrobras’ Wind Complex Stake

The Wind Complex in Rio Grande do Norte

About the Company That Acquired Petrobras’ Stakes

Two Nominated to the Petrobras Board Were Considered Unfit for the Position in the State-Owned Company

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

Japan and Mercosur may reach an agreement to lower the cost of cars and auto parts, with manufacturers like Toyota, Honda, and Nissan coming into focus.

From an artificial island in the Gulf, Abu Dhabi’s oil company drilled more than fifteen kilometers horizontally and earned the title of the longest well ever drilled in the world.

On the coast of Guyana, neighboring Brazil, ExxonMobil has begun drilling oil wells with an automated system that practically removes human hands from controlling the drill.

Brazilians create cashierless mini-market in the USA, use AI to define products and prices, raise R$ 10 million, and achieve financial balance in the first month before planning nine more units in Miami by the end of 2026.

BNDES opens billion-dollar credit of up to R$ 50 million per client for the purchase of trucks, buses, and equipment and promises to accelerate the renewal of the heavy fleet on Brazilian roads.

While the United States and China compete over giant rockets and lunar bases, India made a “spaceplane” land on its own at over 320 km/h after being released by a helicopter at an altitude of 4.5 km; Pushpak shows that New Delhi also wants to enter the era of reusable space vehicles.

Japan and Mercosur may reach an agreement to lower the cost of cars and auto parts, with manufacturers like Toyota, Honda, and Nissan coming into focus.

Volkswagen is preparing an SUV derived from the new Amarok to compete with the Toyota SW4 and Haval H9, utilize the Argentine Pacheco factory, and transform a pickup into a more profitable family of products.

Virginia engineers transform 100,000 tons of demolished concrete from the Hampton Roads bridge into artificial reefs in the Chesapeake Bay, turning the debris from a mega-construction project into marine shelter while the old structure was still being dismantled.

Brazil gets its first ultra-fast 480 kW charger for electric cars, serving up to four vehicles at the same time and promising a charge from 10% to 80% in about 15 minutes.