manufacturer Carrara; Encopart, specializedin parts for Caterpillar tractors and heavy construction equipment; Triex, aparts importer and distributor of manufacturers like Dana, Huber Warco andKomatsu Dresser; and Triex Locadora, which rents tractors, forklifts and wheelloaders from Caterpillar and New Holland.The companywas approached in 2012 by an undisclosed Brazilian private equity firm but theshareholders declined to engage in stake sale talks, because they did not likethe bidders philosophy, Terra said. A [financial] partner focuses onshort-term profits, the COO explained.Although astake sale to a financial bidder is not top priority, GTXE would not refuse toengage in talks with one, Terra said. Value USD 80m (Revenues in 2012). SourceProprietary Intelligence. Mitsui& Co to acquire 20% stake in owner of Jirau Hydropower project from GDFSuez Mitsui & Coannounced on 13 May 2013 it will acquire a 20% stake in Brazil-based owner ofthe Jirau Hydropower project from GDF Suez.Mitsui &Co ("Mitsui", Head Office: Tokyo, President & CEO: Masami Iijima)has agreed with GDF SUEZ Energy Latin America Participacoes("GSELA"), subsidiary of the global energy group GDF SUEZ ("GDFSUEZ"), to participate in 3,750MW Jirau run-of-the river hydropowerproject ("Project"). Mitsui, through its Brazilian subsidiary to benewly established, will acquire 20% equity of ESBR Participacoes("ESBRP"), which owns the Project. Capital expenditure of the Projectis estimated approximately BRL 16bn (JPY800bn, USD 7.9bn) as of December 2012.The Projectis to construct and operate the Jirau Hydropower Plant, which is located on theMadeira River in the State of Rondonia in northern Brazil, and sell electricitymainly to electric power distributors based on long-term power purchaseagreements for 30 years. Its total generation capacity of 3,750 MW will makethe Project the fourth largest hydropower plant in Brazil. A loan agreement ona project finance basis has already been executed with BNDES (BrazilianDevelopment Bank) and a group of commercial banks, and both the operationallicense and environmental license have been already granted. Full commercialoperation with all 50 turbines is expected to start in 2015.Thetransaction further expands the long-term partnership between Mitsui and GDFSUEZ, following a successful track record of joint investment and cooperation,including projects in Canada, Europe, Middle East & Africa, Asia andAustralia. The Jirau transaction represents an extension of this partnership toLatin America, and a joint strategy of accelerating developments in fastgrowing markets and expanding their renewable portfolios.Hydropowerdoes not require fossil fuel and emits almost no greenhouse gases. The Projectadopts run-of-the-river type of hydropower, making use of the natural riverflow for power generation. The project gives due consideration to thesurrounding biodiversity such as installing fish transportation system andrelocation of existing vegetation. Hydropower provides base power loadamounting to 90% of Brazil's power generation and by participating in JirauProject, Mitsui will contribute to supporting the growing electricity demand inBrazil.Mitsui willhold, after its participation in Jirau Project, approximately 6,694MW on aninstalled net generating capacity basis, including projects under construction.With this Project, hydropower will account for 1,287 MW, or approximately 19%of the abovementioned generating capacity. Mitsui will pursue furtherinvestment in power projects in Latin America and other regions with growthpotential, aiming to develop a diversified power generation portfolio with abalanced fuel-mix in various geographical locations.Closing ofthe transaction is expected to occur during the second half of