三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

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

State Grid to own 100% of CPFL

By Zheng Xin | China Daily | Updated: 2017-02-18 07:51

State Grid to own 100% of CPFL

A robot helps check power transmission facilities in Quanjiao county, Anhui province. [Photo/China Daily]

Move expected to result in more business and higher exposure in South America

The State Grid Corp of China - the world's biggest utility company by revenue - said it will launch a tender offer to buy the remaining shares it does not already own in CPFL Energia SA, the Brazilian power group said in a securities filing.

The State Grid said on Thursday it would pay 25.51 reais ($8.35) per share for the balance in CPFL.

The latest move comes after the Chinese company last month acquired a controlling 54.64 percent stake in CPFL Energia and its subsidiary, CPFL Energias Renovaveis SA, for 17.36 billion reais ($5.68 billion).

According to the filing issued by CPFL, the largest power distributor in Brazil, the State Grid plans to delist CPFL from the New York and Sao Paulo stock exchanges.

Bloomberg Intelligence senior analyst Joseph Jacobelli said with the purchase, the State Grid would enjoy better synergies overall with more business and exposure in Brazil.

The State Grid did not reply to questions about the buyout, but said when taking the controlling stake, the deal would further extend its business to power transmission, distribution, new energy power generation and electricity sales.

It said last month that the acquisition would help it to introduce its new energy power generation technology and management experience in the South American country.

Now running most of the country's electricity distribution network, the State Grid has other projects in Brazil as well.

It earlier landed ultra high-voltage electricity transmission projects in Brazil, planning to build transmission lines from the huge Belo Monte hydroelectric dam in the Amazon area to the populous center-south region.

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

Brazil's power sector is undergoing a wave of consolidation as several companies struggle financially amid Brazil's economic recession since middle 2014.

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: 免费国产一区二区三区 | 韩国成人在线视频 | 直接黄91麻豆网站 | 麻豆免费在线视频 | 黄色aaa毛片 | 久久国产偷 | 国产在线视频区 | 婷婷久久综合 | 一区二区三区视频免费 | 久久久久久a亚洲欧洲aⅴ | 成 人 色综合 | 亚洲天天网综合自拍图片专区 | 亚洲最大情网站在线观看 | 久久免费视频在线 | 国产青青草视频 | 小明成人永久视频在线观看 | 成人国产欧美精品一区二区 | 欧美日韩国产人成在线观看 | 又大又紧又硬又湿a视频 | 日本二区在线观看 | 在线观看视频国产 | 爱爱免费看 | 在线观看黄网址 | 亚洲国产成人精彩精品 | 欧美日穴 | 久久精品国产99国产 | 欧美情趣视频 | 久久伊人精品综合观看99 | 1024手机在线精品观看 | 欧美三级在线免费观看 | 性欧美高清理论片 | 亚洲久草视频 | 亚洲国产成人私人影院 | 黄网观看 | 在线免费视频a | 国内在线观看 | 美女69xxxxxxxx| 偷拍久久网 | 久久国产美女免费观看精品 | 国产片一区二区三区 | 亚洲精品黄|