Vale completed a joint venture transferring 70% of Aliança Geração de Energia to GIP for about $1B cash, retaining a 30% stake. The platform now unites solar, hydro & wind assets supplying stable US dollar priced renewable power that supports Vale’s 100% Brazilian green energy matrix. Executives say the structure accelerates decarbonisation & capital efficiency. The move frees funds for core mining innovation & embeds long term energy cost predictability.