Cubico Sustainable Investments buys Brazilian wind farms
Cubico Sustainable Investments has bought two Brazilian wind farm complexes from Casa dos Ventos for R$2 billion (US$494 million), including debt. The deal, the investor's first in Brazil, includes plants with 392 megawatts of capacity in Pernambuco and Piauí states. London-based Cubico also announced that it has opened an office in São Paulo to evaluate additional opportunities. A renewable energy and water investment platform, Cubico was launched in May 2015 with the backing of Ontario Teachers’ Pension Plan, Public Sector Pension Investment Board (PSP Investments) and Banco Santander SA.
13 January 2016•4 mins read
