U.S. markets close in 1 hour 52 minutes
  • S&P 500

    4,256.14
    +48.87 (+1.16%)
     
  • Dow 30

    33,616.83
    +280.16 (+0.84%)
     
  • Nasdaq

    12,971.86
    +191.94 (+1.50%)
     
  • Russell 2000

    2,006.32
    +31.07 (+1.57%)
     
  • Crude Oil

    92.47
    -1.87 (-1.98%)
     
  • Gold

    1,815.40
    +8.20 (+0.45%)
     
  • Silver

    20.70
    +0.36 (+1.75%)
     
  • EUR/USD

    1.0265
    -0.0060 (-0.59%)
     
  • 10-Yr Bond

    2.8490
    -0.0390 (-1.35%)
     
  • GBP/USD

    1.2141
    -0.0062 (-0.51%)
     
  • USD/JPY

    133.4760
    +0.4770 (+0.36%)
     
  • BTC-USD

    24,021.60
    -308.17 (-1.27%)
     
  • CMC Crypto 200

    570.91
    -0.37 (-0.06%)
     
  • FTSE 100

    7,500.89
    +34.98 (+0.47%)
     
  • Nikkei 225

    28,546.98
    +727.65 (+2.62%)
     

China's Ciri says Chinese groups vying for Cemig energy assets

By Guillermo Parra-Bernal and Luciano Costa

SAO PAULO, July 19 (Reuters) - Chinese groups are interested in acquiring assets belonging to clean energy company Renova Energia SA and generation assets belonging to Renova's parent Light SA, according to a document seen by Reuters.

The groups would also be willing to inject capital into both companies to continue ongoing projects, advisory firm CIRI International Technology Co said in a letter to management of the two target companies, seen by Reuters. Light and Renova are owned by state-controlled Companhia Energética de Minas Gerais (Cemig), which recently announced a divestment plan aimed at reducing debt. Cemig's plan may entail the full sale of both companies. (Reporting by Guillermo Parra Bernal and Luciano Costa; Writing by Ana Mano; Editing by David Gregorio)