The Brazilian Development Bank will auction off energy distributor in Amazonas.
Browsing: energia
Power company Companhia Energética de São Paulo (CESP) was sold to the sole bidder at the São Paulo Stock Exchange this Friday (19).
The company’s president said at a conference that there are plans to increase current oil and gas output from 4.8 million bpd to 6.5 million bpd in the next eight years.
The Fund believe that the country’s economy will pick up in 2018 and 2019 after a downturn in 2017.
The Brazilian federal government proposed a law to the National Congress whereby private sector players will be allowed to buy six of state-run power utility Eletrobras’ distribution subsidiaries.
The photovoltaic park has 103 megawatts of capacity and will generate power to 50,000 households.
The European bloc has shown interest in offering financial and technical support and expertise and technology transfer.
The USD 67.3 million disbursement will cover construciton of six wind farms in Brazil’s Piauí and Pernambuco states.
