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Vale to acquire remaining 45% stake in Aliança Energia for $541M

The power generation company has 1.4GW of green capacity

Isabeau van Halm
Vale to acquire remaining 45% stake in Aliança Energia for $541M

Credits: Vale

Vale announced it signed an agreement to acquire a 45% stake in Aliança Energia for 2.7 billion Brazilian real (around US$541 million) from Cemig GT. Upon closing, Vale will hold 100% of Aliança Energia....

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