Announced
Synopsis
CDPQ-backed Verene Energia, an investment holding company in the electric power sector, agreed to acquire SPE 7, a strategic and modern power transmission network spanning 124 kilometres in the state of Pará, in northern Brazil, from Equatorial Energia, an electric services company, for $154m. “This new transaction reaffirms our commitment to investing in critical assets that unlock the full potential of renewable energy projects and accelerate energy transition, particularly in Brazil, a core market for us. To this end, we will continue to grow Verene Energia, the driving force for the development and operation of CDPQ’s power transmission assets in Latin America," Emmanuel Jaclot, CDPQ Executive Vice-President.
Show Details & Financials
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.