May 4, 2020 / 10:22 PM / 25 days ago

Brazil's Petrobras begins binding phase of Mangue Seco I and II sale: filing

FILE PHOTO: A logo of Brazil's state-run Petrobras oil company is seen at its headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo

RIO DE JANEIRO (Reuters) - Brazilian state-run oil firm Petroleo Brasileiro SA (PETR4.SA) has begun the binding phase in the sale process of its Mangue Seco I and II wind farms in the northeastern state of Rio Grande do Norte, it said in a securities filing on Monday.

The two wind farms have a combined installed capacity of 52 megawatts.

Reporting by Gram Slattery; Editing by Leslie Adler

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