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AZSG11 Solar FII Net Equity Jumps R$63.7M as Fair Value Appraisal Corrects Accounting Anomaly

AZ Solargrid Renda Solar (AZSG11) completed its first asset revaluation, adding R$63.7 million to net equity and resolving a temporary negative book value, improving its prospective P/VP ratio.

By Diane Cole

Published
AZSG11 Solar FII Net Equity Jumps R$63.7M as Fair Value Appraisal Corrects Accounting Anomaly
Illustration — BRZ.news

AZ Solargrid Renda Solar (AZSG11) completed its first asset revaluation, adding R$63.7 million to net equity and resolving a temporary negative book value, improving its prospective P/VP ratio.

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