Standard Post with Image

E.ON Partners With Brazil's MPX to Build Power Plants in S America

  • German utility E.ON AG (EOAN.XE) said Wednesday it has agreed to acquire a minority stake in Brazilian power company MPX Energia S.A. (MPX3.BR), in a deal that will see both companies jointly invest billions of euros in the construction of new power plants in South America.In a written statement, E.ON said that it will acquire a 10% stake ...

Source