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Brazil
02 May 2023
Energy China International to invest USD 10 billion in Brazil
Energy China International has committed to investing USD 10 billion in Brazil, according to the Brazilian Ministry of Mines and Energy.
06 April 2023
China’s GWM taps Brazil’s WEG for electric vehicle charging network
Chinese electric car maker Great Wall Motors (GWM) is planning to install an electric vehicle charging network in Brazil through an exclusive partnership with local motor manufacturer WEG.
21 March 2023
EDP Brasil to invest USD 5.7 billion in next five years
EDP Brasil, whose parent company EDP has China Three Gorges as its largest shareholder, will invest 30 billion reais (USD 5.7 billion) in the South American country over the next five years, in renewable generation and networks.
02 March 2023
EDP launches EUR 1 billion capital increase to gain full control of EDP Brasil
EDP wants to buy the 44% of EDP Brasil that it does not control and to finance the offer it is preparing a capital increase of EUR 1 billion, 600 million of which will come from its largest shareholders, including the biggest, China Three Gorges.
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