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Brazil Approves Acquisition of EDP GRID of 2 Distributed Solar Generation Systems

Written by Paulo Nogueira

Published on 13/05/2020 at 07:36

Renewable Energy

Brasil aprova aquisição da EDP GRID de 2 sistemas de geração solar distribuída

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The Administrative Council for Economic Defense (CADE) of Brazil approved the acquisition of two distributed solar generation (DG) systems by EDP GRID Intelligent Distribution Network Management SA.

The unit of EDP Energias do Brasil SA (BVMF: ENBR3) is acquiring the DG solar assets through the complete acquisition of the Brazilian energy company UFV SP V Equipamentos Fotovoltaicos Ltda, a unit of the solar company GDSolar. The latter’s business includes the development of solar projects for future sales.

The approval of the transaction was granted unconditionally, CADE said on Tuesday. The systems being acquired are located in the municipality of Taubaté, São Paulo state. Their capacity has not been disclosed.

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Paulo Nogueira

Eletrotécnica formado em umas das instituições de ensino técnico do país, o Instituto Federal Fluminense - IFF ( Antigo CEFET), atuei diversos anos na áreas de petróleo e gás offshore, energia e construção. Hoje com mais de 8 mil publicações em revistas e blogs online sobre o setor de energia, o foco é prover informações em tempo real do mercado de empregabilidade do Brasil, macro e micro economia e empreendedorismo. Para dúvidas, sugestões e correções, entre em contato no e-mail informe@en.clickpetroleoegas.com.br. Vale lembrar que não aceitamos currículos neste contato.

Brazil Approves Acquisition of EDP GRID of 2 Distributed Solar Generation Systems

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