U.S.-based private equity group EIG is considering as many as 20 potential deals in the midstream and renewable energy sectors in Brazil, after buying the only Brazilian operator in the floating production storage and offloading (FPSO) industry, EIG’s head in Brazil, Flavio Valle, told Bloomberg in an interview. At the end of last year, EIG announced a deal to buy Ocyan Participações S.A., the only Brazilian FPSO operator, for $390 million. “The acquisition of Ocyan reflects EIG’s long-term, comprehensive…
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