Home >> SELL To China
Are you looking for reliable
Chinese manufacturers or
suppliers for
  • Smart meters
  • AMR/AMI solutions
  • Components and parts
You can find them by clicking the
link to download the e-version of
Global Buyer's Guidebook -
Chinese Energy Metering
Industry Leading Suppliers

FREE Register to Download
    Metering China Print

Issue 1 2014(March Edition)

State Grid seals second investment in Brazil

Source:      Date:2012-05-31      Editor:     

State Grid Corp of China yesterday said it has agreed to buy electricity transmission assets in Brazil from Spain's Actividades de Construccion y Servicios SA for US$531 million and assume debt of US$411 million, the latest in a series of overseas acquisitions by Chinese power companies.


State Grid's wholly-owned subsidiary State Grid International Development Ltd will take over seven high-voltage electricity transmission assets in Brazil from ACS, it said in a statement via Bank of America Merrill Lynch, which acted as exclusive financial advisor to State Grid on the deal.


The latest transaction will be State Grid's second investment in Brazil and fourth major investment outside China, the statement said.


State Grid signed a deal early this year to buy 25 percent of Portuguese power grid operator Redes Energeticas Nacionais SGPS SA for about US$508 million. In December 2010, it bought seven Brazilian power transmission concessions for a combined nearly US$1 billion.

    Events Calendar 2015

The 5th Heat Metering & Intelligent Grid International Conference & Exhibition

    April.22-24, 2015
    Xi'an, China

China Power Distribution & Utilization Tech2015

    May 26-29, 2015
    Nanjing, China

China Market Study Tour 2015 Smart Distribution, Utilization & Metering Partnerships & Opportunities

    24 - 30 May 2015


    Nov 11-13, 2015
    Shenzhen China
    Closing Announcement

METERINGChina 2014 & Smart Utility China 2014

    May 28 - 30, 2014
    Shanghai Everbright international hotel

The 4th HEAT METERING & ENERGY SERVICE International Conference & Exhibition

    16-18 April 2014
    Qingdao, China
About Us | Contact Us | Owner: GSL Consulting Group
    Copyright © 2005-2009 GSL Consulting Limited. China
    meteringchina.com – Converting utility news and information into innovation for metering professionals