Enel SpA has emerged as the winner in the final round of bidding with an improved offer of BRL45.22 per share
Subscribe to our newsletter and get the latest news and business opportunities in your inbox
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
List of the country updates
Country updates
-
-
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
-
May 29, 2018
The project has been approved to go online under test operation
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
-
May 29, 2018
The 27 MW capacity of the project has been approved to go online under test operation
The 27 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
-
May 29, 2018
The 7.74 MW capacity of the project has been approved to start commercial operation
-
May 29, 2018
The 8.1 MW capacity of the project has been approved to go online under test operation
The 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
