Mubadala has made a $211mln binding offer for Renova's 51% stake in Brasil PCH SA unit
SAO PAULO- Abu Dhabi's Mubadala Investment Company won the right to match any other higher bid for some assets of bankrupt Renova Energia SA, the energy company said in a securities filing on Wednesday.
Mubadala has made a 1.1 billion reais ($211 million) binding offer for Renova's 51% stake in Brasil PCH SA unit, which has 13 small hydroelectric plants.
($1 = 5.2205 reais)
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