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Brazil's administrative council CADE has approved the acquisition of the solar project by Total Eren. The plants are currently in administrative and non-operational phases
List of the country updates
Country updates
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June 06, 2018
Enel offers US$1.5 billion to win bidding war to acquire Brazil's Eletropaulo
Enel has announced that its subsidiary Enel Brasil Investimentos Sudeste, S.A. has received confirmation of the successful completion of its voluntary offer for the purchase of the entire share c...
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June 05, 2018
Brazil's Securities and Exchange Commission of Brazil (CVM) has postponed to June 18 the deadline for State Grid to recalculate the price of the acquisition
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May 31, 2018
Brazil's Eletrobras approves 970 MW wind assets sale
Electrobras's Board of Directors have approved the assets disposal plan and minimum price for the sale of interest held by Eletrobras and its subsidiaries in certain Special Purpose Entities.
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May 31, 2018
Enel SpA has emerged as the winner in the final round of bidding with an improved offer of BRL45.22 per share
Enel SpA has emerged as the winner in the final round of bidding with an improved offer of BRL45.22 per share. At that price, Enel Brasil Investimentos Sudeste SA will pay around BRL7.567 billion (US$2 billion) for 100% of Eletropaulo
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May 30, 2018
The Board of Eletropaulo has recommended that Enel acquire the company, though it stressed that it could change its recommendation if a higher bid emerges
