News
09 October 2017

Foreign investors win operating licences at Brazilian Hydro auction

Region:
Americas

Brazil has auctioned four hydropower operation licences that were revoked from the state-run utility Companhia Energetica de Minas Gerais (Cemig). China's State Power Investment Corp paid $2.4 billion to operate the 1.71-GW Sao Simao, Engie paid $1.1 billion for the 424MW Jaguara and 408-MW...

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