EDP - Energias do Brasil S.A.: China Three Gorges' offer for control of Energias de Portugal is potentially credit positive for subsidiary EDB
The merger would diversify EDB’s funding sources and bring it additional capacity to meet its investment requirements.Energias do Brasil is a holding company. Through its subsidiaries, Co. is engaged in the generation, acquisition, transmission, distribution and sale of hydroelectric and thermoelectric energy, as well as the import and export of electricity in the form of medium, high, and very-high tension electric energy.
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