IN BRIEF: VH Global acquires four Brazilian projects for USD4 million

VH Global Sustainable Energy Opportunities PLC - sustainable energy investment company - Uses ...

Alliance News 14 June, 2021 | 3:13PM
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VH Global Sustainable Energy Opportunities PLC - sustainable energy investment company - Uses first tranche of USD4 million from USD63 million investment for the acquisition of four energy projects in Rio de Janeiro, Brazil.

Once operational, the projects are expected to provide 5 megawatts of energy to local communities and regional utilities.

The total USD63 million is for funding the construction of 18 remote distributed solar generation projects across ten Brazilian states with a total capacity of 75MW.

Current stock price: 100.25 pence

Year-to-date change: down 0.7% since February

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
VH Glob Sustainable Energy Opp Ord 99.90 GBX 0.60 -

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