Posted inChina, European Union, Germany, World

China Southern Power Grid buys share of European utility

State-owned China Southern Power Grid has acquired a 25.48% stake in the Luxembourg utility company Encevo S.A., following its acquisition of a 27.8% stake in Chile’s largest transmission enterprise in March, The Paper reported. Private equity firm Ardian said it had agreed to sell its 25.48% stake in Encevo to China Southern Power Grid. Encevo […]