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EDF to invest 6 bln reais in Brazil to expand renewables

 

 

 

By Reuters Staff

RIO DE JANEIRO
Petroleumworld 11 09 2017

Eletrecite de France SA (EDF) plans to invest 6 billion reais ($1.84 billion) in Brazil in the coming years to expand renewable power generation, a senior executive in the country said on Wednesday.

Paulo Abranches, who heads EDF's renewable power subsidiary EDF EN in Brazil, said in a press conference in Rio the firm aims to increase renewable power generation in the country to 2 gigawatts from 600 megawatts currently. ($1 = 3.2524 reais)



Reporting by Rodrigo Viga Gaier; Writing by Marcelo Teixeira from Reuters.

reuters.com 11 08 2017

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