A U.K. power utility is in talks with two local partners of Brazil’s state-run utility Eletrobras to acquire minority stakes in about 640 MW of operating wind farms. The U.K. company has signed memorandums of understanding to invest in the local operators, in exchange for the right to make a first offer on the wind assets when Eletrobras officially puts its holdings up for sale, according to Paulo Dalla Nora, a partner at FIR Capital, a Brazilian venture capital company that’s structuring the deals.
