Enel Américas One Step Away from Acquiring EGP Américas' Renewable Energy Business

Enel Américas One Step Away from Acquiring EGP Américas’ Renewable Energy Business

Written by Paulo Nogueira

Published on 23/11/2020 at 10:47

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This Would Control The Generation Of Unconventional Renewable Energies That Enel Green Power SpA Develops And Owns In Central And South America (Except Chile)

The Board of Directors of Enel Américas, unanimously by its members in office, issued a statement today (23) stating that the merger by incorporation of EGP Américas into Enel Américas is in the social interest of the company. In addition, it resolved to call an Extraordinary General Meeting of the company to be held on December 18, 2020, to submit for its decision the incorporation intended to allow Enel Américas to control and consolidate the ownership of the unconventional renewable energy generation business and assets that Enel Green Power SpA develops and owns in Central and South America (except Chile).

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The Board of Directors reviewed the evaluations from the two independent appraisers and the two specialists, the collective report from the Enel Américas Board Committee, and proposes an exchange ratio of 0.43 shares of Enel Américas for each share of EGP Américas, or such other agreed by the Board within a range between 0.41 and 0.45 shares of Enel Américas for each share of EGP Américas.

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Enel Américas One Step Away from Acquiring EGP Américas’ Renewable Energy Business

This Would Control The Generation Of Unconventional Renewable Energies That Enel Green Power SpA Develops And Owns In Central And South America (Except Chile)

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Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

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The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

The military’s preschool assistance receives an 8.6% adjustment and now has a new value throughout Brazil, expanding financial support to Armed Forces families at a time of rising educational costs.

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After nearly twenty years of halted and resumed construction, the Transnordestina has reached 79% completion and finally promises to connect the hinterland to two ports on the Northeast coast.

Madrid wants to build the world’s largest Ferris wheel at 260 meters and €300 million, surpass Dubai, transform Spain’s landscape, and create its own ‘Eiffel Tower’ in a project that still faces resistance and depends on approval.

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Enel Américas One Step Away from Acquiring EGP Américas’ Renewable Energy Business

This Would Control The Generation Of Unconventional Renewable Energies That Enel Green Power SpA Develops And Owns In Central And South America (Except Chile)

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

Canada is preparing a billion-dollar megaproject with 3.5 GW of wind energy, up to 530 turbines, green hydrogen, and ammonia for export, in a bid that could place the country at the center of the new global race for clean fuels.

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The military’s preschool assistance receives an 8.6% adjustment and now has a new value throughout Brazil, expanding financial support to Armed Forces families at a time of rising educational costs.

Canada invests more than 2 billion dollars to upgrade an old nuclear laboratory and try to rival the world’s major atomic energy powers.

After nearly twenty years of halted and resumed construction, the Transnordestina has reached 79% completion and finally promises to connect the hinterland to two ports on the Northeast coast.

Madrid wants to build the world’s largest Ferris wheel at 260 meters and €300 million, surpass Dubai, transform Spain’s landscape, and create its own ‘Eiffel Tower’ in a project that still faces resistance and depends on approval.

Celso Portiolli flies over a beach in SC by helicopter, calls the destination the ‘diamond of Brazil’ and buys an apartment for up to R$ 2.4 million in a city of 27,000 inhabitants that moved R$ 4 billion in real estate.