日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Companies

State Grid makes connection in Brazil

By Du Juan (China Daily) Updated: 2012-05-30 10:54

Power company to buy transmission assets as part of overseas strategy

State Grid Corp of China, the country's largest power distributor and one of the world's largest utility companies, is going to buy electricity transmission assets in Brazil for $531 million and assume debt of $411 million, a senior official of the company said on Tuesday.

It is the latest step in the company's internationalization strategy, which will help State Grid become more international, said the senior official of the company, who spoke anonymously.

State Grid makes connection in Brazil

State Grid Corp pamphlets are displayed at the company's branch office in Nantong, Jiangsu province. The electricity distributor has recently been acquiring overseas assets. Earlier this year, State Grid paid 387 million euros ($485 million) for a 25 percent stake in the national electricity grid of Portugal.?[Photo / China Daily] 

The company will take over seven high-voltage electricity transmission assets from Spain's Actividades de Construccin y Servicios SA through acquisitions by wholly owned subsidiary State Grid International Development Ltd.

The transmission assets have a total length of about 2,800 kilometers, spanning eight states in Brazil.

Most are currently operating, with the rest due to start commercial operations by the end of this year, according to a statement by Bank of America Merrill Lynch, which is the exclusive financial adviser to State Grid on the deal.

This deal is State Grid's second in Brazil. In 2010, it invested $989 million in Brazilian power transmission lines, the company's first move into the market.

That deal brought State Grid a 30-year license to operate more than 3,000 km of electricity transmission lines in Brazil's largest cities.

Sources within State Grid said that returns on overseas projects were double or triple those available domestically, because of better power pricing policies in other countries.

In January 2009, State Grid led a consortium to pay $3.95 billion for a 25-year license to run parts of the Philippines' power transmission network, which was China's largest investment project in the Philippines.

It was also the first time that a grid company from China won a franchise to operate a national power grid in a foreign country.

Earlier this year, State Grid paid 387 million euros ($485 million) for a 25 percent stake in the national electricity grid of Portugal.

Analyst said the latest deal was just an early stage of the company's overseas expansion because Brazil, like China, is growing fast economically and has huge demand for energy.

dujuan@chinadaily.com.cn

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 欧美午夜免费 | 色九九| 99视频在线免费观看 | 日韩在线免费 | 加勒比婷婷色综合久久 | 91国产视频在线 | 日韩精品无 | 91爱爱网站| 欧美福利视频在线观看 | 久久久久久久久久久91 | 91黄色小视频 | av在线首页| wwww在线观看 | 狠狠插狠狠插 | 久久免费看视频 | 黄色av网站在线免费观看 | 午夜天堂 | 久久久久久久久福利 | 99色在线视频 | 自拍偷拍欧美亚洲 | 日本高清www | 天天天天干| aⅴ天堂 | 久久天堂 | 日韩在线观看一区二区 | 亚洲乱码一区二区 | 久久网页| 国产亚洲精品久久久久久无几年桃 | 97超碰国产在线 | 四虎国产成人精品免费一女五男 | av色偷偷| 毛片毛片毛片毛片 | 久久伊人影视 | 中文在线永久免费观看 | 青草草在线视频 | 天天狠狠 | 国产日韩欧美日韩大片 | 一区二区视频在线观看 | 国产精品不卡视频 | 日韩欧美在线中文字幕 | 欧美在线观看视频一区 |