Petrobras - Petroleo Brasileiro SA 6-K, filed May 5, 2020
Petrobras - Petroleo Brasileiro SA (PBR)
About this 6-K
Petrobras - Petroleo Brasileiro SA filed this 6-K on May 5, 2020.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the month of May, 2020
Commission File Number 1-15106
PETRÓLEO BRASILEIRO S.A. – PETROBRAS
(Exact name of registrant as specified in its charter)
Brazilian Petroleum Corporation – PETROBRAS
(Translation of Registrant's name into English)
Avenida República do Chile, 65 20031-912 – Rio de Janeiro, RJFederative Republic of Brazil
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F _______
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No___X____

Petrobras on wind farm sales
— ****
Rio de Janeiro, May 04, 2020 – Petróleo Brasileiro S.A. – Petrobras, following up on the press release disclosed on January 31 , 2020, announces the beginning of the binding phase regarding the sale of all of its shares in the companies Eólica Mangue Seco 1 and Eólica Mangue Seco 2, owners of wind farm generation plants.
The company also informs that the non-binding phase for the joint sale of all of its shares in Eólica Mangue Seco 3 and Eólica Mangue Seco 4 is in progress, as published in the teaser on 03/13/2020, with the expectation of beginning the binding phase in the coming weeks.
Qualified parties for the biding phase will receive a process letter with detailed instructions on the divestment process, including guidelines for due diligence and submission of binding proposals.
This disclosure is in accordance with the Petrobras’ divestment guidelines, which is aligned with the special regime of asset divestment by federal mixed-capital companies, provided for in Decree 9,188/2017.
These transactions are in line with the portfolio optimization and the improvement of company’s capital allocation, aiming at maximizing value for its shareholders.
About Mangue Seco wind farms
Eólicas Mangue Seco 1, 2, 3 and 4 are located in Guamaré, in the State of Rio Grande do Norte, and are part of a complex of four wind farms with total installed capacity of 104 MW. Each company owns and operates a wind farm with a capacity of 26 MW.
****
www.petrobras.com.br/ir
For more information:
PETRÓLEO BRASILEIRO S.A. – PETROBRAS | Investors Relations
**** email: petroinvest@petrobras.com.br/acionistas@petrobras.com.br
Av. República do Chile, 65 – 1803 – 20031-912 – Rio de Janeiro, RJ.
Tel.: 55 (21) 3224-1510/9947 | 0800-282-1540
This document may contain forecasts within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Trading Act of 1934, as amended (Trading Act) that reflect the expectations of the Company's officers. The terms: "anticipates", "believes", "expects", "predicts", "intends", "plans", "projects", "aims", "should," and similar terms, aim to identify such forecasts, which evidently involve risks or uncertainties, predicted or not by the Company. Therefore, future results of the Company's operations may differ from current expectations, and the reader should not rely solely on the information included herein.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: May 4, 2020.
PETRÓLEO BRASILEIRO S.A—PETROBRASBy: /s/ Andrea Marques de Almeida
______________________________
Andrea Marques de Almeida
Chief Financial Officer and Investor Relations Officer