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Spain’s Iberdrola to Invest $9.5 Billion in Brazil Grid Renewal | Collector
Spain’s Iberdrola to Invest $9.5 Billion in Brazil Grid Renewal
The Rio Times

Spain’s Iberdrola to Invest $9.5 Billion in Brazil Grid Renewal

The Neoenergia concession renewal triggered a R$47 billion ($9.5 billion) five-year investment commitment announced on May 8 across four Brazilian electricity distributors as their 30-year concession contracts move toward signature. Coelba in Bahia leads the package with R$25 billion ($5.1 billion) in capital expenditure through 2030, followed by Cosern in Rio Grande do Norte at […] The post Spain’s Iberdrola to Invest $9.5 Billion in Brazil Grid Renewal appeared first on The Rio Times .

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