01:13 PM EDT, 04/29/2024 (MT Newswires) -- TotalEnergies (TTE) is looking to join the bidders for the assets of AES ( AES ) in Brazil, Bloomberg reported Monday, citing people familiar with the matter.

AES Brasil Energia has a market value of 5.6 billion reais ($1.1 billion). The company is asking for about 7 billion reais for the assets, the report said.

AES' ( AES ) portfolio in Brazil includes power generation via hydroelectricity, and the company has also increased its wind and solar capacity, the report added.

Neither TotalEnergies nor AES ( AES ) immediately responded to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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