Unipar–Casa dos Ventos Seal Solar JV as Brazilian Firms Unveil Governance Shifts, Deals and Defense Plans

Overview

• Unipar and Casa dos Ventos formed a joint venture and long-term PPA tied to a 640 MW solar park in Mato Grosso do Sul, with Unipar set to receive 33 MW average from 2028 under a 15-year arrangement and acquire a 9.8% stake in the project company subject to conditions precedent.
• Axia Energia called April 1 shareholder meetings to vote on migrating to B3’s Novo Mercado listing segment and converting preferred shares into common stock.
• Light, which is under judicial recovery, reported that asset manager WNT cut its stake to below 5% during an internal review for refiling the reference form after a Feb. 7 notice that Opus FIP held 9.9% of common shares.
• Natura agreed to sell its operations in Russia to the Arnest group for €26.9 million.
• Embraer and Mahindra announced plans for an India-based MRO unit for the C-390 Millennium contingent on selection by the Indian Air Force.