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Brazil's Comerc purchases solar farms SPE in $41 mln deal

Brazilian power company Comerc Participacoes SA (COMR3) said on Monday it has reached a deal with Banco BTG Pactual SA (BPAC3) and Energea Global LLC to acquire a special-purpose entity (SPE) that owns Energea Salinas, Energea Pedrinopolis and Energea Tres Pontas.

The three firms own solar farms under construction in the Brazilian state of Minas Gerais, Comerc said in a securities filing, adding that it will pay 200 million reais ($40.99 million) for the deal.

($1 = 4.8788 reais)

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