Sao Paulo-based CPFL will pay for the purchase with 600 million reais in cash and the assumption of 462 million reais of debt, CPFL said in a statement on the website of Brazil's securities regulator.
Bons Ventos owns four windfarms with a licensed capacity of 157.5 megawatts (MW): Taiba Albatroz (16.8 MW); Bons Ventos (50.4 MW); Enacel (31.5 MW); and Canoa Quebrada (58.5 MW), the statement said.
The windfarms are located in Brazil's northeastern-coast state of Ceara and have contracts with Eletrobras (ELET6.SA), Brazil's state-controlled electricity utility holding company, to supply power for 20 years.
Sources:
Reuters
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