Latest BW Guirapa News
Jan 25, 2018
Demarest advised Ferbasa SA on the deal Ferbasa SA finalized the acquisition of BW Guirapa I SA, which owns an up to 170-MW wind power complex. Under the deal, Febarsa is now acquiring all the shares in the complex held by local companies Santander Investimentos (87.13%) and Brazil Wind (12.87%). The Guirapa project was awarded in a 2011 reserve energy auction and has a total production of 81 average megawatts (MWa). It is located in the state of Bahia and is comprised of seven wind farms. Cia de Ferro Ligas da Bahia – Ferbasa (Ferbasa S.A.) explores for and mines mineral deposits, and manufactures different types of iron metals. The company, led by Rafael Machado Tibo, Marcio Lopes Fernandes De Barros and Ana Paula Fontes Mesquita De Oliveira, in 2016 recorded $343 Million Revenues. Demarest Advogados advised Ferbasa S.A. with a team includign Gonçalo Capela Godinho (Picture), João Paulo Minetto, Nuno Faria, Felipe Koller, Julia Tourinho and Marina Campana. J.R.Amaral Advogados advised Brasil Wind S.A. with José Romeu Amaral, Marcella Homsi Pedroso, Lidiane Souza and Carolina Barbosa Marques.