March 10, 2020 / 8:01 PM / a month ago

Anglo American signs solar energy contract for Minas Gerais

BRASILIA, March 10 (Reuters) - Anglo American has signed a 15-year contract in Brazil to buy 70 MW of solar power from Atlas Renewable Energy as of 2022 for its operation in Minas Gerais, the mining company said in a statement on Tuesday.

Atlas will invest 881 million reais ($190 million) in a solar farm in Minas Gerais state to cover the Anglo American contract, the mining company said. Anglo aims to be using 100% renewable energy by 2022.

$1 = 4.6430 reais Reporting by Roberto Samora Editing by Leslie Adler

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