Mubadala Investment Company PJSC won the bid for 51% stake Brasil PCH S.A. from Renova Energia S.A. for BRL 1.1 billion on July 21, 2021. Brasil PCH SA has 13 small hydroelectric plants. Luciana de Castro Mares Torres, Joaquim José Aceturi de Oliveira, Fábio Rosas, Fernando De Melo Gomes, Ana Paula Alvarez Calil, José Luis de Rosa a Santos Júnior, Alessandra Leonardi de Azevedo Souza, Nina Souza Costa de Brito, Thenard Antunes Figueiredo and Rafael Alvim Morgado of Cescon, Barrieu, Flesch & Barreto Advogados acted as legal advisor to Mubadala and Evy Marques, Fabiana Solano, Miriam Machado Kleissl, Paula Amaral Salles, Thomas Benes Felsberg, Thiago Dias Costa, Mirella Kaufman, Bárbara Nátali Barbosa dos Santos, Juliana Ferreira Calix, Marina Serachiani Clemente, Nathalia Damacena Nunes and Olívia Roxo Nobre do Amaral Mesqui of Felsberg Advogados acted as legal advisor to Renova Energia S.A.