Sterlite Power to Sell its Arcoverde Project in Brazil for About $35.5 Mn Updated On Wed, Nov 6th, 2019 by Saurenergy The motive behind the construction of Arcoverde Project was to expand the flow of renewable energy in the State of Pernambuco in Brazil. Global power transmission assets developer Sterlite Power has entered into a sale agreement with V2i Transmissão de Energia S.A. for its Brazilian transmission project called Arcoverde. As per the deal, V2i Transmissao […] Read more
Sterlite Power Raises Funds from Brazilian Market via Debentures Updated On Thu, Oct 10th, 2019 by Saurenergy This is an important milestone for the company as its first infrastructure debentures in the Brazilian capital markets. Global power transmission assets developer Sterlite Power has raised funds through its newly issued infrastructure debentures for the Arcoverde Project. Arcoverde Project was the company’s first project in Brazil which was successfully commissioned 28 months ahead of […] Read more