www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Chinese utility buys big in Brazil

By Zheng Xin | China Daily | Updated: 2017-01-25 07:38

 

Chinese utility buys big in Brazil

A State Grid employee works on an ultra-high-voltage transmission construction in Huainan, Anhui province. [Photo for China Daily by Song Weixing]

State Grid Corporation of China announced on Tuesday that it has taken ownership of a controlling stake in Brazilian power utility CPFL Energia SA, the largest power distributor in the country.

State Grid, the world's largest utility company, concluded the deal for a 54.64 percent stake in CPFL five months after signing the agreement for the acquisition.

Record shows that the value of the deal will total $4.49 billion, while the acquisition is State Grid's biggest overseas investment project so far.

An analyst said the deal would further boost the company's presence in Brazil.

According to Joseph Jacobelli, a senior analyst with Asia utilities and infrastructure research at Bloomberg Intelligence, the more businesses the company has exposure to in Brazil the better the synergies overall.

He also mentioned that whenever the company acquires stakes in public companies this offers a higher level of transparency of the deal to the market, while it also may place indirect pressure on the company's management given the increased public disclosure.

According to State Grid, the deal will expand its business to power transmission, distribution, new energy power generation and electricity sales.

The acquisition will bring State Grid's new energy power generation technology and management experience to Brazil, State Grid said.

State Grid, which runs the majority of the nation's electricity distribution network, has landed ultra high-voltage electricity transmission projects in Brazil earlier.

State Grid won a contract to build a 2,500-kilometer power line in Brazil that will link the world's third-biggest hydroelectric dam to the country's largest market in 2015, after winning the contract for another section of the Belo Monte transmission line one year earlier.

According to Li Lequan, deputy director of State Grid International Development Co Ltd, SGCC's subsidiary for global operations, the first phase of the Belo Monte UHV DC Transmission Project is expected to start commercial operations by February 2018.

CPFL has built itself into one of the biggest electricity distribution companies in Brazil with business covering new energy power generation and power distribution.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 精品国产一区二区三区免费 | 男人天堂视频网 | 欧美色欧美色 | 七七国产福利在线二区 | 美女张开腿让男人桶的 视频 | 日本人视频网站一 | 综合在线视频 | 娇喘嗯嗯~轻点啊视频福利 | 大胆gogo999亚洲肉体艺术 | 欧美视频二区 | 国产第一区二区三区在线观看 | 黄色免费三级 | 国产美女一级特黄毛片 | 欧美一线高本道高清在线 | 欧美很黄视频在线观看 | 国产高清亚洲 | 国产成人综合久久精品红 | 日本精品一区二区三区在线视频 | 国产在线不卡视频 | 国产伦精一区二区三区视频 | 亚洲一区二区精品 | 91精品国产美女福到在线不卡 | 在线欧美不卡 | 精品日韩一区二区三区 | 亚洲gogo人体大胆西西安徽 | 国产欧美一区二区成人影院 | 亚洲一区二区免费看 | 亚洲免费视频一区二区三区 | 欧美大胆a| 国产日韩精品欧美一区喷 | 中文字幕第9页 | 久久免费播放 | 免费观看的毛片手机视频 | 国产99视频精品免视看7 | 广东毛片 | 手机在线精品视频 | 亚洲天堂视频一区 | 99精品热女视频专线 | 国产日韩精品欧美一区视频 | 亚洲1314| 国产免费一区不卡在线 |