Equatorial won CEEE-D privatization auction
Date
April 12, 2021
Type
M&A Transactions
Subtype
Transaction completed
Countries
Brazil
Subsectors
Power Transmission
Renewables
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Equatorial Energia won the auction held for the privatization of CEEE-D. CEEE is a state-owned power distribution company responsible for electricity distribution in the state of Rio Grande do Sol.
Equatorial was the only company that submitted the bid of BRL 100,000 (US$ 20,000) for a 65.87% stake of CEEE-D.
