CGN Energy acquired three renewable energy parks in Brazil from the Italian company Enel.
The value of the deal was around 700 Million Euros in the states of Piauí and Bahia.
This is the first acquisition of CGN in Latin America.
Head of Enel Green Power, Antonio Cammisecra, declared that Enel will sell the assets but continue to operate the parks. Enel is implementing a large pipeline of renewable projects in Brazil.
Mr. Paik Un-gyu, South Korea’s Minister of Trade, Industry and Energy declared his support to sell nuclear reactors overseas, based on the existing success of
CGN Power Co. Ltd (CGN Power) has approved the Share Transfer Agreement entered into with its controlling shareholder – China General Nuclear Power Corporation (CGN)
Minister of State in the Prime Minister’s Office, Jitendra Singh, declared that the Department of Atomic Energy (DAE) would commission the third unit of the Kakrapar nuclear power reactor in April.
