Tag: State Grid International Development Limited

Oman: Growth in Electricity Transmission Network

The Oman Electricity Transmission Company (OETC), which is jointly owned by the Oman government (51 per cent stake) and State Grid International Development Limited (49 per cent stake), a subsidiary of China’s state-owned State...

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Spanish Naturgy Group sells Chilean CGE to Chinese SGCC

Spanish Naturgy Group has concluded the sale of its electricity network business in Chile to the Chinese State Grid International Development Limited (SGID)—a wholly-owned subsidiary of State Grid Corporation of China (SGCC)—following the successful completion of the tender offer launched by SGID, as a necessary and final step to complete the transaction.

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Spanish Naturgy Group completes sale of Chilean CGE to Chinese SGCC

Spanish Naturgy Group has concluded the sale of its electricity network business in Chile to the Chinese State Grid International Development Limited (SGID)—a wholly-owned subsidiary of State Grid Corporation of China (SGCC)—following the successful completion of the tender offer launched by SGID, as a necessary and final step to complete the transaction.

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Chilean Chilquinta Energía acquires Eletrans SA

Chilean distribution company Chilquinta Energía S.A. (a part of US-based Sempra Energy) has acquired of the remaining 50 per cent stake in Chilean transmission firm, Eletrans SA, from Sociedad Austral de Electricidad S.A. (SAESA).

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Chilean Chilquinta Energía acquires Eletrans SA

Chilean distribution company Chilquinta Energía S.A. (a part of US-based Sempra Energy) has acquired of the remaining 50 per cent stake in Chilean transmission firm, Eletrans SA, from Sociedad Austral de Electricidad S.A. (SAESA).

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SGCC completes takeover of Portuguese TSO

Chinese state-owned power transmission company SGCC has completed the process of acquiring a 25 per cent stake in Portuguese national TSO Redes Energeticas Nacionais (REN) for EUR387 million.

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Abengoa sells 25 per cent stake in ETEE and ETIM to SGCC

Spain-based engineering company Abengoa has completed the USD125.4 million sale agreement with China’s State Grid International Development Limited, the Hong Kong-based arm of the state-owned transmission company State Grid Corporation of China (SGCC), to sell 25 per cent of its stake in Brazilian transmission concessionaires Expansion Transmissora de Energia Electrica (ETEE) and Expansion Transmissao Itumbiara Marimbondo (ETIM).

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Abengoa sells 25 per cent stake in ETEE and ETIM to SGCC

Spain-based engineering company Abengoa has completed the USD125.4 million sale agreement with China’s State Grid International Development Limited, the Hong Kong-based arm of the state-owned transmission company State Grid Corporation of China (SGCC), to sell 25 per cent of its stake in Brazilian transmission concessionaires Expansion Transmissora de Energia Electrica (ETEE) and Expansion Transmissao Itumbiara Marimbondo (ETIM).

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