EDF and STOA to acquire Geração Céu Azul from Neoenergia for $247m.

EDF, an electric utility company, and STOA, an investment fund, agreed to acquire Geração Céu Azul, an energy company that holds a 70% stake in the Consórcio Empreendedor Baixo Iguaçu, from Neoenergia, an electric power distribution company, for $247m.