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
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.
Read moreThe 8.1 MW capacity of the project has been approved to go online under test operation. If it presents positive results during the test period, it will be allowed to start commercial operation