Cescon e Felsberg assist in the acquisition of Cordilheira dos Ventos
Cescon Barrieu advised AES Tietê Energia on the acquisition of 100% of the quotas of Cordilheira dos Ventos Centrais Eólicas, current owner of the assets and rights of the Cordilheira dos Ventos Complex. The company is an isolated production unit (“UPI”) of Grupo Renova.
The transaction was through a competitive procedure in the form of closed proposal, pursuant to arts. 60 et seq. and 142 of Law 11,101/2005 (Reorganization and Bankruptcy Law), in which AES Tietê Energia was granted stalking horse rights.
The transaction value was BRL 42 million.
Cescon Barrieu Advogados relied on partners Ana Carolina Passos, Fábio Rosas and José Luis Rosa in the top image to left from right) and associates Luiz Guilherme Camargo, Thiago Machado and Júlia Mendonça.
Felsberg Advogados represented Cordilheira dos Ventos (Grupo Renova) and relied on several areas with partners Miriam Machado Kleissl (pictured bottom left), Mirella Kaufman, Fabiana Solano (pictured center), Thomas Felsberg, Thiago Dias Costa and Paula Salles (pictured right); associates Juliana Ferreira Calix, Marina Serachiani Clemente, Nathalia Damacena Nunes, Olivia Roxo Mesquita, and Fernanda Brotto Nabahan.