Report
Luis de Toledo Heras

Redeia : Attractive capital redeployment to reinforce presence in Brazil

>Acquisition in Brazil to continue strengthening Argo position - Redeia has acquired through Argo (50% RED, 50% Grupo Energía Bogotá) a 31.25% stake in five transmission lines in Brazil for approximately € 200mn (2% of market cap) from Brasil Energia FIP (managed by an affiliate of Brookfield Asset Management). The acquisition will position Argo Energia as one of the main energy transmission companies in Brazil, the largest growing market in South America. The acquir...
Underlying
Red Electrica Corp. SA

Red Electrica is engaged in the transmission of electrical energy, the operation of the system and the management of the transmission network in the Spanish electricity system. In addition, through its subsidiaries, Co. is engaged in the acquisition, holding and management of foreign securities, co-ordination of international exchanges, provision of telecommunications services for third parties, provision of consultancy, engineering and construction services outside the Spanish electricity system, securing of funds, carrying out of financial transactions and provision of financial services.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Luis de Toledo Heras

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