Iberdrola's Neoenergia to bid for CEB's power distributor

Neoenergia, a company owned by the Spanish group Iberdrola, will participate in auction for the privatization of the Companhia Energética de Brasília (CEB) distributor, scheduled for Friday. CPFL and Equatorial have also submitted proposals, people familiar with the process say. The surprise is the absence of Enel, a company previously seen by the market as very interested in the asset and a candidate to take...

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