# Auren acquires AES Brasil, creating Brazil's third-largest power generator

Auren announced the acquisition of AES Brasil in a deal involving shares and cash, creating a company with 8.8 GW of renewable energy capacity and R$30.8 billion market cap.

- Type: Acquisition
- Announced: 2024-05-16
- Where: Brazil
- Status: announced
- Capacity: 8.8 GW
- Products: renewable energy generation
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Auren](https://endata.com/companies/77478.md) (acquirer)
- [AES Brasil](https://endata.com/companies/77479.md) (target)

## Sources

- [valorinternational.globo.com](https://valorinternational.globo.com/business/news/2024/05/16/auren-buys-aes-creates-brazils-third-largest-power-generation-company.ghtml), 2024-05-16: "Auren, a company created from the reorganization of assets of the Votorantim group and Canada-based fund CPP Investments in the Brazilian power industry, announced the acquisition of AES Brasil."

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