Rolim Goulart and T&C on transactions between CEMIG and Furnas
Rolim Goulart Cardoso Advogados has assisted Cemig Geração e Transmissão (CEMIG GT) in two recent transactions involving the sale of assets to Furnas Centrais Elétricas, wich was advised by Tauil & Chequer Advogados.
In the first, a BRL 393 million deal, CEMIG GT sold to Furnas all shares issued by Baguari Energia, owned by Cemig GT, representing 69,39% of the share capital of the company.
Baguari Energia is a joint venture between Cemig GT and Furnas, holder of 49% of the Consortium UHE Baguari.
In the second deal, with previously value of BRL R$ 200.366.754,78, CEMIG GT soldto Furnas all shares issued by Retiro Baixo Energética Energia, owned by Cemig GT, representing 49,9% of the share capital of the company.
Both deals are part of the portfolio reorganization plans involving Eletrobras and Cemig and had their signings in April 2023.
In this deal, Rolim Advogados relied on partner Fábio Appendino (pictured left) that was ahead of the transactions, alongside Alessandra Rezende Torres, Deliana Salomão de Castro and Sophia Galbas Rezende.
Tauil & Chequer Advogados assisted the buyer and relied on partners Débora Yanasse, Luciana Sodré, Francisco Todorov, Luiz Gustavo Bezerra, associates Isabella Giorgi, Caio Souza, Aline Brayner, José Muricy, Nubia Bufarah, Victor Trevizan.
Most recently, the firm announced another deal involving Baguari Energia, which has exercised the right to purchase all the shares of Baguari I Geração de Energia Elétrica, controlled by Neoenergia. With this, Baguari Energia now has total control of the UHE Baguari Consortium. The value of the operation totals around R$ 453 million.
In the operation, Cemig GT and Baguari Energia were assisted by Rolim Goulart Cardoso Advogados, through partner Fabio Appendino, consultant Paolo Zupo Mazzucato, coordinator Alessandra Rezende Torres and lawyers Deliana Salomão de Castro and Sophia Galbas Rezende.
Baguari I Geração de Energia Elétrica and NeoEnergia were advised by Machado Meyer, while Furnas Centrais Elétricas and Eletrobras were advised by Tauil Chequer.
