GIC And Iberdrola Announce Brazilian Transmission Network Plan

Posted on 10/02/2023

Iberdrola has announced that it has joined GIC to form a strategic agreement to develop transmission networks in Brazil. The project will cost 2.4 billion Brazilian reals. The agreement was announced in April but was not approved by the National Electrical Energy Agency (ANEEL) and the Administrative Council for Economic Defense (CADE) until now. Both…

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