Neoenergia plans $10bn investment in Brazil by 2030

🇧🇷 Energy Monitor (BR) —

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Neoenergia plans to invest nearly $10 billion in Brazil by 2030, following the renewal of three electricity distribution concessions. This investment is part of the company's growth strategy in the Brazilian energy sector.

Neoenergia, a Brazilian subsidiary of Iberdrola, has renewed three electricity distribution concessions in Brazil, announcing plans to invest nearly 50bn reais ($10.2bn) by 2030.

Markets Deals Energy Brazil Neoenergia investment energy electricity

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