European Energy sells rights to project in Brazil

One of European Energy's projects in Brazil will now be divested. However, the company maintains that it is still interested in the South American nation.

by SØREN SPRINGBORG

European Energy and the Danish Climate Investment Fund have signed a deal to sell the project rights for a solar farm in Brazil. European Energy and the fund own 80 percent of the 91 MW project. The buyer is Brazilian utility AES-Tietê.

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