Companhia Energetica de Minas Gerais has reached an agreement to acquire an additional 2.8% stake in power distribution company Light to increase its total stake to 32.8%.

The 2.8% stake will be purchased from Grupo BTG Pactual, a financial services provider based in Bermuda.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Comtec Solar Systems Group will acquire a 51% stake in Forum (Asia), with aim to expand its business into residential rooftop solar projects.

The stake will be purchased from investment holding companies On Board International Investment and United Concord Investment Holdings.

The agreed purchase consideration is CNY52.02m ($7.62m), which Comtec will pay by issuing 166,479,449 shares at a price of $0.05 a share in addition to CNY1m ($0.14m) as an initial deposit within 90 days of the sale and purchase agreement.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Power Technology Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Power Technology Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now