Brazilian energy company Engie Brasil Energia announced that it had finalized the acquisition of two solar PV projects, with a combined capacity of 259.8 MW in Brazil. Engie Brasil bought the projects from Engie Solar SAS, Solairedirect Investment Management SA, and Drankensberg Capital 1 SA for BRL 625 million (~$122.6 million). According to the announcement, the buyer also took over a net debt of roughly BRL 620 (~$123.50) million contracted with the Brazilian Development Bank (BNDES). The acquisition made Engie Brasil the owner of the 158.3 MW Paracatu and the 101.5 MW Floresta projects. Blue Elephant Energy (BEE), a Hamburg-based independent operator of solar and wind projects, has acquired 44 MW of solar projects in Chile. Two projects with a capacity of 20 MW were acquired from the Finnish investment company Korkia and MoonValley Capital.