Taesa Mulls Acquisition of Abengoa's Brazil Transmission Lines

Updated on
  • Abengoa owns about 10,000 kilometers of transmission lines
  • Negotiations for the acquisition are `on hold,' CEO says

Transmissora Alianca de Energia Eletrica SA, a state-owned operator of power lines in Brazil, is considering the acquisition of Abengoa SA’s transmission assets in the country as the Spanish company teeters on the edge of insolvency.

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