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Brazil's Eletrobras, Iberdrola unit swap power stakes worth $148 mln

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Brazil's Eletrobras, Iberdrola unit swap power stakes worth $148 mln

Brazilian power companies Neoenergia and Eletronorte, a subsidiary of utility Eletrobras , agreed on Friday to stake swaps worth 787.8 million reais ($148 million), in moves that will mainly exchange holdings in hydropower plants.

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Brazil's Eletrobras, Iberdrola unit swap power stakes worth $148 mln

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Brazil's Eletrobras, Iberdrola unit swap power stakes worth $148 mln

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