Posted at 6:57 p.m

Ferbasa (FESA4) and Auren Energia (AURE3) have signed a Memorandum of Understanding, with binding impact, to enter into electrical energy provide enterprise.

The knowledge was launched on Wednesday night time, the seventeenth.

The memorandum outlines the negotiations vital for the events to signal the deal by means of authorized and industrial devices, which is able to assure Ferbasa a mean annual quantity of 35 megawatts, for a interval of 20 years, with provide beginning in 2025.

In view of the electrical energy provide contracts in power, the Firm has knowledgeable that the above industrial negotiations wouldn’t characterize a big change within the annual quantity of energy contracted for the continuity of its operations.

The conclusion of the transaction is conditional on the ultimate paperwork being authorised by all of the events’ governing our bodies in addition to by the Administrative Council for Financial Protection (Cade) and different related regulators.

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