tiprankstipranks
Vale S.A. Evaluates Sale of Stake in Aliança Energia to GIP
Company Announcements

Vale S.A. Evaluates Sale of Stake in Aliança Energia to GIP

Story Highlights

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

An update from Vale SA ( (VALE) ) is now available.

On February 14, 2025, Vale S.A. announced that it is evaluating the potential sale of a 70% stake in Aliança Geração de Energia S.A. to Global Infrastructure Partners (GIP). The assets under consideration for divestment include Sol do Cerrado and Consórcio Candonga. Vale has not yet signed a binding agreement and emphasizes that any decision will adhere to its governance policies. The company reassures stakeholders that it will provide timely updates on any significant developments regarding this transaction.

More about Vale SA

Vale S.A. is a leading global mining company based in Rio de Janeiro, Brazil. The company primarily focuses on the production and export of iron ore and nickel, and it engages in operations that span across various countries, particularly Brazil and Canada. Vale has a significant presence in the global mining and metals market, and is involved in energy generation through its various assets, such as Aliança Energia.

YTD Price Performance: 7.77%

Average Trading Volume: 32,268,204

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $40.63B

Find detailed analytics on VALE stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App