Engie Brasil Energia S.A. (EGIEY)
- Reuters
EMERGING MARKETS-Latam markets weaken ahead of Fed; Colombian peso up after regional election results
* Engie Brasil buys solar farms from GIP in $646 mln deal * Colombian peso strengthens after results of regional elections * Latam equities dip 0.5%, FX off 0.6% By Johann M Cherian Oct 30 (Reuters) - Sentiment was mostly upbeat across Latin America on Monday, with Colombia's peso jumping to its highest in over a month following regional election results, while investors also awaited interest rate decisions by central banks later in the week. Colombia's peso spiked as much as 1.7% after opposition candidates largely swept elections for mayors, governors and regional lawmakers on Sunday, dealing a defeat to President Gustavo Petro's leftist coalition in votes that analysts called a referendum on his government.
- Reuters
Engie Brasil buys solar farms from GIP in $646 million deal
SAO PAULO (Reuters) -Power company Engie Brasil Energia said on Monday it has agreed to buy five operating photovoltaic power stations in Brazil from Atlas Renewable Energy, a company owned by investment fund Global Infrastructure Partners (GIP). The deal for the solar farms totaling an installed capacity of 545 megawatts (MWac) was valued at about 3.24 billion reais ($646.04 million), Engie Brasil said in a securities filing, including Atlas' net debt of 971 million reais.
