From the Media

Jul 20, 2018 - Valor Economico

Italy's Enel eyes more three electricity distributors in Brazil after acquiring a major stake in power company Eletropaulo Metropolitana Eletricidade de Sao Paulo, Chief Executive Francesco Starace said in an interview. Starace said Enel was interested in the acquisition of Light SA, controlled by the state-run electricity company Cemig. Other targets include two Eletrobras distributors. Last month, Enel made a big move in Brazil to become the nation's largest electricity distributor, acquiring a majority stake in Eletropaulo for US$1.44 billion.

Jul 20, 2018 - Renewables Now

Brazil's Rio Grande do Sul State Environmental Protection Agency (Fepam) has issued the preliminary license for a 300-MW wind project. The total cost of this project is estimated at USD 389.5 M and it is located on a 8,000-ha area between the municipalities of Sao Gabriel and Lavras do Sul. The wind farm envisages the installation of 100 turbines, enough to meet the demand of a city of 1.2 million inhabitants. Green Power Brazil will be responsible for implementing recovery actions of the Permanent Preservation Areas (APPs).

Jul 20, 2018 - Agencia Brasil – EBC

After a number of talks were held Jul. 19 in Brussels, Mercosur ministers and European commissioners for trade and agriculture were still unable to reach a consensus. As a result, another round of high-level negotiations on the terms for an agreement between the South American bloc and the European Union (EU) was scheduled to take place a month from now in Montevideo, Uruguay. Until then, technical meetings are between the two sides are to continue.

Jul 20, 2018 - Reuters

Shares in Rio de Janeiro electricity distributor Light SA rose over 12 percent on the Brazilian stock exchange after the chief executive of Italy's Enel SpA signaled the utility's interest in possibly acquiring the company. Light shares soared 12.5% on Thursday to trade at 12.67 reais in afternoon trading, after Enel CEO Francesco Starace told business newspaper Valor Econômico that the company is keen on new acquisitions in Brazil.