Odebrecht sells Peru Chaglla hydroelectric plant to China Three Gorges group
By Reuters Staff
Petroleumworld 08 28 2017
Brazilian construction conglomerate Odebrecht has signed a deal to sell its 456 megawatt (MW) Chaglla hydroelectric plant in Peru to a consortium led by China Three Gorges Corp for an undisclosed amount, the company said late on Thursday.
Odebreht Latinvest, Odebrecht's investment arm in Latin America, added in a statement that the sale must be approved by Peru's justice mininstry and regulatory bodies in China.
Reporting by Marco Aquino, Writing By Mitra Taj; Editing by Richard Pullin from Reuters.
08 25 2017
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