KM Financial Solutions | Brookfield abandons plan to buy controlling stake in Brazil’s Renova
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Brookfield abandons plan to buy controlling stake in Brazil’s Renova

Brookfield abandons plan to buy controlling stake in Brazil’s Renova

SAO PAULO, Feb 23 (Reuters) – Brookfield Energia Renovável
SA, a Brazil-based unit of Canada’s Brookfield Asset Management
, abandoned a plan to make a capital injection of 1.4
billion reais in Brazil’s Renova Energia SA, which
would give it a controlling stake in the company.

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