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Reuters

Reuters

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World

Vale in advanced talks to sell Brazil renewable assets to GIP, sources say

Reuters
Summary
Nutrition label

81% Informative

Vale is in advanced talks to sell a majority stake in a renewable energy unit and a solar plant to U.S.-based investment firm.

The deal for 70% of both Vale 's Alianca Energia and the solar plant had also attracted interest from energy generators Casa dos Ventos and China Three Gorges (CTG ) Brasil .

Vale said in a statement that it is seeking potential partners, but no final decision has been reached and no binding agreement has been signed.

VR Score

92

Informative language

97

Neutral language

88

Article tone

formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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