Background
Background
The First Applicant (“NPP”) is a company registered in Denmark. It is a joint venture between European Energy A/S and the Danish Climate Investment Fund. The Second and Third Applicants (“NPP Brazil I” and “NPP Brazil II”) are companies connected with NPP and are also registered in Denmark.
RAE is a company registered in Brazil. RAE wholly owns FIP Rio Alto, a Brazilian investment fund through which RAE owns its interest in FIP Coremas and, in turn, the Projects. The RAE Parties are part of a group of companies known as the “Rio Alto Group”.
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