EDP Brazil agrees to sell 198MW hydropower plant

Brazilian energy company EDP Brazil has agreed to sell Victory Hill Global Sustainable Energy Opportunities (GSEO) its Mascarenhas hydropower plant. The 198 MW hydropower project will be sold by the firm for $235 million. The run-of-river asset Mascarenhas, which is situated in the Brazilian state of Esprito Santo, has been in use since 1974.

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