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China
05 May 2023
China Three Gorges recovers two thirds of investment made in EDP
EDP will pay EUR 750 million in dividends to its shareholders and China Three Gorges (CTG) will earn EUR 165.8 million, recovering more than two thirds of the investment made in 2011 in the Portuguese energy company.
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.
08 March 2023
Portugal´s REN reports profit increase of 15% in 2022
REN, Portugal´s energy infrastructure company whose largest shareholder is China State Grid, reported a net profit increase of 15% YoY in 2022, to EUR 111.8 million.
06 March 2023
Singapore’s GIC to invest EUR 1bn to acquire a stake in Portugal’s EDP Renovaveis
Singapore’s GIC has committed to investing EUR 1 billion to acquire a stake in Portugal’s EDP Renovaveis (EDPR), which is planning to raise equity to fund a EUR 21 billion expansion plan to invest in renewables.
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