Renova Energia calls for judicial recovery

Through a communiqué, Renova Energia entered a Request for judicial recovery which contemplates the total value of 3.1 billion 834 million corresponding to debts between undertakings and 980 million To debts to shareholders.

The request is due to failure in the sale of its park High Sertão III eolic to AES Tietê earlier this month. Currently, the Project has a debt of almost 1 billion reais with the National Bank of Economic and Social Development (BNDES).

Recently, Light sold its share of Renova Energia, which is also controlled by Cemig. After the company announcement of electric Energy, the vice-President of finance, development of Business and investor Relations, Claudio Ribeiro, presented a request for Resignation of the office. Renova Energia was created in 2001 and was considered a Of the most promising organizations in the energy sector.

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