VH Global Energy Infrastructure (LSE:ENRG) has agreed to sell six operational solar photovoltaic assets in Rio de Janeiro to Energea Portfolio 2 LP as part of its asset realisation strategy.

The six assets have a combined capacity of 11.7 MWp. The transaction values them at a minimum of R$38 million, equivalent to approximately £5.4 million.

The consideration comprises upfront and deferred payments, as well as a potential earn-out of up to R$12 million linked to performance above revenue expectations.

Disposal Priced at 92% of March 2026 NAV

The agreed consideration represents 92% of the assets’ March 2026 net asset value.

The transaction is the second major disposal under VH Global Energy Infrastructure’s shareholder-approved asset realisation strategy, following the sale of two liquid storage terminals in the United States.

The company plans to return the net proceeds from the Brazilian solar transaction to shareholders through a bonus issue of redeemable B shares.

Sale Process Continues for Remaining Brazilian Solar Assets

VH Global Energy Infrastructure said it is also progressing an advanced sale process covering its remaining seven Brazilian solar assets contracted with Telefônica.

The company continues to pursue its asset realisation strategy, under which it is seeking to dispose of portfolio investments and return capital to shareholders.

More About VH Global Energy Infrastructure

VH Global Energy Infrastructure plc is an investment company focused on energy infrastructure assets. Its portfolio has included conventional and renewable energy infrastructure, including solar photovoltaic projects and liquid storage terminals.

The company invests internationally and has focused on energy transition-related assets through specialist operating partners and sustainability frameworks including the UN Sustainable Development Goals.