Enel in US$195M Brazilian hydro acquisition

12 June 2006


The deal was signed with REDE and its subsidiaries, Rede Power do Brasil SA and Tocantins Energia, as vendors. The cost of the transaction totals 450M Raeis (approximately US$195M).

The closing of the transaction is subject to a number of conditions, including the approval of the ANEEL (the Brazilian electricity authority).




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