State-run utility State Grid Corporation of China (SGCC) has acquired control of Brazilian power company CPFL Energia. It has reached a deal with the latter’s two stakeholders for USD7.3 billion, which increased its stake to 68 per cent.
Read MoreState-run utility State Grid Corporation of China (SGCC) has acquired control of Brazilian power company CPFL Energia. It has reached a deal with the latter’s two stakeholders for USD7.3 billion, which increased its stake to 68 per cent.
Read MoreBrazilian power distribution company Rio Grande Energia (RGE), a subsidiary of Companhia Paulista de Força e Luz (CPFL), has initiated construction works of the 138 kV Tapejara 2-Erechim 2 transmission line in southern Rio Grande do Sul state.
Read MoreThe Brazilian Institute of Environment and Natural Resources (IBAMA), the national environmental regulator, has granted an operating license to Chapecó Energy, jointly owned by CPFL, Furnas and CEEE, for the Guarita-Foz-Xanxerê transmission line.
Read MoreThe state government of Brazil’s southeastern state of São Paulo has asked five transmission and distribution companies to submit formal explanations within 30 days on the several recent power outages.
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