Sterlite Power signs agreement to sell Brazilian asset for $35.5 million
MUMBAI: Sterlite Power has signed an agreement to sell a transmission line project in Brazil to Vinci Energia FIP – IE (V2i Transmissão de Energia S.A.) for $35.5 million, the company said in a statement on Wednesday.
The Arcoverde Project, which was Sterlite’s first operational asset in Brazil, was built to expand the flow of renewable energy in the countryside region of Pernambuco.
