Mubadala buys unit of Brazil's Renova for $213mln -filing

Owns small hydroelectric dams

  
A view of Al Maryah Island in Abu Dhabi.

A view of Al Maryah Island in Abu Dhabi.

Mubadala/Handout via Thomson Reuters Zawya

SAO PAULO - Brazilian renewable energy co Renova Energia SA, which is in bankruptcy protection, said Mubadala Investment Company was declared the winning bidder for one of its producing units.

Mubadala will pay 1.1 billion reais ($213 million) for the unit, which owns small hydroelectric dams.

($1 = 5.1685 reais)

(Reporting by Tatiana Bautzer; editing by Jason Neely) ((tatiana.bautzer@tr.com; Tel: +55-11-5644-7756; Mob: +55-119-4210-4173; Reuters Messaging: tatiana.bautzer.thomsonreuters.com@reuters.net))


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