Noble Group Limited (SGX:CGP) sold Cinergy Comercializadora De Energia Ltda. for $3 million on June 29, 2017. The consideration is payable in cash. Post-completion, Noble Comercializadora de Energia will ceased to be a wholly owned subsidiary of Noble Group. For period ended May 31, 2017, book value of shares of Noble Comercializadora de Energia is $4.1 million. Chelsea Phua of Bell Pottinger, Candice Adam of Argentus PR and Martin Debelle of Citadel-MAGNUS acted as PR advisors to Noble Group. Noble Group Limited (SGX:CGP) completed the sale of Cinergy Comercializadora De Energia Ltda. on June 29, 2017.