US EditionState Grid, GEB in talks to acquire Brookfield’s Brazil power transmission asset
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State Grid, GEB in talks to acquire Brookfield’s Brazil power transmission asset
State Grid Corporation of China and Grupo Energía Bogotá (GEB) have entered early-stage discussions to acquire a Brazilian power transmission asset from Brookfield Asset Management, according to a report by Bloomberg citing sources familiar with the matter. The negotiations centre on the potential acquisition of the Mantiqueira transmission line, held through Brookfield’s local subsidiary, Quantum Participações. While talks are ongoing, sources …
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