The Latin American Lawyer – Advising Copel (CPLE6) on the sale of its stake in UTE Araucária to Âmbar Energia

🚀 Our advisory role in Copel’s (CPLE6) sale of its stake in UTE Araucária to Âmbar Energia was highlighted in The Latin American Lawyer on 11/07.

UTE Araucária, a natural gas-fired power plant with a 484.1 megawatt (MW) installed capacity, now enriches Âmbar Energia’s portfolio. Committed to a 100% renewable energy mix, Copel divested its majority share (81.2%) in UEG Araucária (UEGA) for R$ 395 million, underscoring its dedication to sustainable growth. Petrobras also participated, selling its 18.8% stake. 🌱

Our team was composed of partners Rogério S de Miranda, Isabela Faria and Eduardo Obino Cirne Lima, with the collaboration of Paula Vermelho Cordiolli and Bruno Ribeiro de Almeida.

Read more: https://thelatinamericanlawyer.com/two-firms-completes-the-acquisition-of-uega-for-ambar-energia/.