# TotalEnergies acquires 34% stake in Casa dos Ventos generation unit

TotalEnergies acquired a 34% stake in the generation arm of Casa dos Ventos, a major Brazilian wind energy company, for approximately R$4.2 billion including debt assumption.

- Type: Acquisition
- Announced: 2022-10-25
- Where: Brazil
- Value: $800.0M (4.20B BRL)
- Status: announced
- Products: wind energy generation
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [TotalEnergies](https://endata.com/companies/9252.md) (acquirer)
- [Casa dos Ventos](https://endata.com/companies/51579.md) (target)

## Sources

- [valor.globo.com](https://valor.globo.com/empresas/noticia/2022/10/25/totalenergies-compra-um-tero-do-brao-de-gerao-da-casa-dos-ventos-dizem-fontes.ghtml), 2022-10-25: "A petroleira francesa TotalEnergies adquiriu 34% de participação no braço de geração da Casa dos Ventos"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.