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#Brazilian power distributor

State Grid to take control of Brazilian power distributor for $1.8B

July 5, 2016

China, Beijing: State Grid Corporation of China has announced it will buy the controlling stake in CPFL Energia S.A., a Brazilian power distributor for $1.8 billion, to further strengthen its position in the Brazil’s electricity sector.

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#Brazilian power distributor

State Grid to take control of Brazilian power distributor for $1.8B

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