GIC and Iberdrola close strategic alliance for transmission networks in Brazil

Iberdrola and GIC closed a strategic alliance to develop transmission networks in Brazil for 456 million euros. The agreement covers 1,865 km of power lines and includes a framework for future joint bids.

“Both ANEEL and CADE give their approval to the alliance, which will allow Iberdrola to increase its business in the country”iberdrola.com

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• iberdrola.comGIC and Iberdrola close strategic alliance to develop transmission networks in Brazil for 456 million euros - IberdrolaIBERDROLA CORPORATIVESep 30, 2023

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