Centrais Eletricas Brasileiras has reached an agreement with its shareholders to divest a 50.93% stake in Celg Distribuicao for a minimum purchase price of BRL1.8bn ($570.97m).
Carnegie Wave Energy has reached an agreement to acquire the remaining 65% stake in Energy Made Clean in exchange for A$13m ($9.92m) in cash and shares.
Carnegie Wave Energy acquired a 35% stake of the company in April 2016. As part of the current transaction, the firm will also acquire Energy Made Clean's grid-connectable solar photovoltaic (PV) projects in Western Australia and the Clear Energy subsidiary, which holds an energy retail license in Western Australia.
Carnegie Wave Energy will also continue to work with existing alliance partners including Infratech and Eastern Gurama.
Guangxi Guidong Electric Power has reached an agreement to acquire a 51% stake in an electric power company based in Guangzhou for CNY52m ($7.67m).
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData