Tauil & Chequer Advogados and Mayer Brown advises ENGIE Brasil Energia on the acquisition of photovoltaic complexes from Atlas Renewable Energy in Brazil for R$ 3.24 billion

Tauil & Chequer Advogados in association with Mayer Brown and Mayer Brown New York advised ENGIE Brasil Energia on the acquisition of five photovoltaic complexes from Atlas Renewable Energy in Brazil, concluded last Wednesday (06/03) and worth R$ 3.24 billion.

The assets located in Bahia, Ceará and Minas Gerais total 545 MWac of installed capacity and have 66% of their commercial capacity allocated to the Regulated Market and 34% to the Free Energy Market.

In 2015, ENGIE decided to exit coal-fired power plant operations and, with the conclusion of this operation, it has invested a total of R$ 22 billion in its energy transition, including clean energy and the implementation of transmission lines, contributing to the sustainability of the Company's results.

Tauil & Chequer Advogados’ team was led by partners Débora Yanasse and Bruno Salzano and associate Bruno Ribeiro, with support from partners Luciana Sodré, Guido Vinci, Luiz Gustavo Bezerra, Michel Sancovski, Fabio Peixinho, Francisco Todorov, Adriana Giannini, Rodolfo Tella, Liv Machado, Aline Fidelis, counsel Jessica Queiroz, and associates Mauricio Veiga, Niandra Soares, Isabella Giorgi, Theodoro Scott, Caio Thomé, Mariana Iecker, Luiza Uebel, Thiago Garcia, Isabella Zambo, Gabriela Jansen, Guilherme Galiazzi and Rebeca Liareno.

Mayer Brown’s team in New York was led by partner Lucas Giardelli, and associates Michael Russo, Bruno Paccola, Adam Lerner and Julia Braga.