Enel completes additional stakes acquisition in Eletropaulo
Enel has completed the acquisition of an additional 5.5% stakes in Brazilian power distributor Eletropaulo. The company has bought 9.28 million shares from minority stockholders who had requested the sale. Enel now holds about 156.16 million shares issued by the Brazilian power distribution company or about 93.3% stakes.
In June 2018, Enel has bought a 73.4% stake in Eletropaulo for a total of BRL 5.55 billion (USD 1.44bn).
Country updates
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July 10, 2018
Nordex has won a contract to supply and build and erect the turbines for the wind project
Nordex has won a contract to supply and build and erect the turbines for the wind project. Installation work will start in October 2019 and the company is to service the machines for at least two years after project completion
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July 09, 2018
Brazil has allowed the project to enter the national Incentive Regime for Infrastructure Development (REIDI) and issue infrastructure debentures
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July 06, 2018
Central Eolica Campo Largo VII is now operational
The 29.7 MW Central Eolica Campo Largo VII wind facility located in Bahia, Brazil, has been brought online. The scheme is part of the 326.7 MW Campo Largo Fase I complex.
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July 06, 2018
Enel wind parks starts commercial operations
Enel SpA has received commissioning approval from Brazil's power sector regulator Aneel. for a total of 172 MW of wind energy. The projects apprved are the following: 30 MW Boa Vista da...
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July 06, 2018
Enel launched sale of its 540 MW renewable energy assets
Enel has launched the sale process of its renewable energy assets in Brazil with an estimated combined capacity of 540 MW. The assets include on one side 450 MW of solar parks and a 90 MW w...
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