Brazilian power group Neoenergia buys 60% of Hydropower Plant Corumb III
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[September 05, 2006]

Brazilian power group Neoenergia buys 60% of Hydropower Plant Corumb III

(Investnews (Brazil) - English Via Thomson Dialog NewsEdge) SO PAULO - Brazilian power group Neoenergia SA. on Monday informed it has acquired a 60% stake in Hydropower Plant Corumb III, to be built in Gois state, with installed capacity of 93.6 MW.



The group's businesses are focused on the power generation, distribution, transmission, and commercialization segments.

In 2005, the company recorded profits of R$822 million; the company's Ebitda reached R$2.2 billion; and net operating revenues, R$5 billion. 2006 NoticiasFinancieras - InvestNews - All rights reserved


Copyright 2006 NoticiasFinancieras

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