Funds managed by Castlelake, L.P. and Vientos Agricolas Intermediacao de Negocios e Participacoes SA made a binding proposal to acquire a 438-MW Phase A of Alto Sertao III wind complex in Brazil from Renova Energia S.A. (BOVESPA:RNEW11) on March 17, 2020. On March 23, 2020, Renova Energia announced that it has obtained the financing for the Alto Sertão wind farm. Funds managed by Castlelake, L.P. and Vientos Agricolas Intermediacao de Negocios e Participacoes SA cancelled the acquisition of 438-MW Phase A of Alto Sertao III wind complex in Brazil from Renova Energia S.A. (BOVESPA:RNEW11) on March 17, 2021.