SAO PAULO, Feb 14 (Reuters) - Brazilian miner Vale
is considering selling a majority stake in renewable
energy business Alianca Energia to U.S.-based investment firm
Global Infrastructure Partners (GIP), it said on Friday.
Reuters reported on Thursday, citing sources familiar with
the matter, that Vale and GIP were in advanced talks over a deal
that could also include a solar power plant.
In a securities filing on Friday, Vale confirmed it was
"assessing the potential divestment of a 70% stake in Alianca
Energia, including the energy assets Sol do Cerrado and
Consorcio Candonga ... to GIP".
No binding agreement has been signed, it said, adding that
any decision will be made in compliance with company policies
and governance rules.