Vale Sells Renewables, Solar to GIP
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hydroelectric power plantsReuters
•World
World
Vale in advanced talks to sell Brazil renewable assets to GIP, sources say

81% Informative
Vale is in advanced talks to sell a majority stake in a renewable energy unit and a solar plant to U.S.-based investment firm.
The deal for 70% of both Vale 's Alianca Energia and the solar plant had also attracted interest from energy generators Casa dos Ventos and China Three Gorges (CTG ) Brasil .
Vale said in a statement that it is seeking potential partners, but no final decision has been reached and no binding agreement has been signed.
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