Enel plans on selling its wind and solar assets in Brazil

Italian energy firm Enel SpA has hired Rothschild & Co. to sell two solar and one wind farm in north-eastern Brazil. The plants are located in the states of Bahia and Piaui, and have a total capacity of about 540 MW. Of this, around 450 MW comprises solar power and 90 MW is wind power. In June 2018, Enel acquired a majority stake in power company Eletropaulo Metropolitana Eletricidade de Sao Paulo SA, after paying around $1.5 billion, to become Brazil’s largest electricity distributor.

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