Dec. 23, 2011, 1:59 AMChina Three Gorges is buying Portugal's 21% stake in utility EDP (EDPFY.PK) for €2.7B ($3.5B), beating out E.On (EONGY.PK) and Eletrobras (EBR). The deal also includes Chinese investment in the wider economy, and is a crucial indicator of Portugal's ability to sell state assets in the face of its debt crisis. | Dec. 23, 2011, 1:59 AM | Comment!
Centrais Eletricas Brasileiras SA, along with its subsidiaries, is engaged in generation, transmission and distribution of electricity in Brazil. It operates in three segments namely generation, transmission and distribution segment.
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