The Rio Times
Brazil · Energy Key Facts — The ruling. A federal judge suspended Brazil’s huge capacity-reserve power auction one day before final sign-off. — The size. The auction lined up contracts worth about R$515bn ($102bn) over their lifetime. — The complaint. Industry groups say price caps were raised just days before bidding, inflating the cost. — […] The post Brazil Court Suspends $100 Billion Power Auction Before Sign-Off appeared first on The Rio Times .
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