News
01 April 2025

Vale to receive $1bn in Alianca Energia JV deal

In:
Renewables
Region:
Americas

Vale is forming a joint venture with US-based investment firm Global Infrastructure Partners through its Brazilian renewable energy business Alianca Energia.Brazilian miner Vale said it would sell 70% of Alianca Energia to GIP, receiving about $1 billion in cash once the transaction is completed. It...

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