Anglo American signs solar energy contract in Brazil

Anglo American has signed a 15-year contract in Brazil to buy 70 MW of solar power from Atlas Renewable Energy as of 2022 for its operation in Minas Gerais, the mining company said in a statement on Tuesday.

Atlas will invest 881 million reais ($190 million) in a solar farm in Minas Gerais state to cover the Anglo American contract, the mining company said.

Anglo aims to be using 100% renewable energy by 2022.

($1 = 4.6430 reais)

(By Roberto Samora; Editing by Leslie Adler)