Iberdrola has expanded its regulated network business and renewable energy footprint by increasing its stake in Brazilian utility Neoenergia, which has around 3.9 gigawatts of renewables capacity and is the country's largest electricity distributor by customer numbers.
Iberdrola Extends Renewables Footprint in Power-Hungry Brazil
The Spanish utility expanded its renewable and power distribution network in Brazil, a country that expects to see sizeable electricity demand growth this decade.
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