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Brazilian solar FII SNEL11 raises R$1bn, targets operational plants
InfoMoney·BR·about 5 hours ago
Kinea's real estate fund (FII) approved a fifth share issuance of up to R$440 million, with potential full utilization of the additional lot. This is a routine capital raise for a Brazilian fund, indicating continued fundraising activity in the local FII market. The impact is limited to the fund's investors and the Brazilian real estate investment sector.