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Article: Brazil: Iberdola to open capital.
- Article from:
- South American Business Information
- Article date:
- July 13, 2000
CopyrightCOPYRIGHT 2000 COMTEX News Network, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Iberdola Energia do Brasil is to open the capital of Guaraniana, a holding comprised by Banco do Brasil Investimentos and pension funds Previ, to be concluded by 2002. Second major Spanish electric power company, Iberdola will concentrate investments in Nothern Brazil where it holds assets in telecommunications and electric power areas. Thecompany also targets business in sewage systems services in Bahia, Pernambuco and Rio Grande do Norte States that might privatize, Embasa (Empresa Baiana de Aguas e Saneamento), Compesa (Companhia Pernambucana de Aguas e Saneamento) and Caern (Companhia de Aguas e Esgotos do RioGrande do Norte), respectively. Guaraniana restructuring ...
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