Renewable energy firms CPFL and DESA agree merger

Renewable energy firms CPFL and DESA agree merger

Brazilian renewable energy firm CPFL Renovaveis has agreed a merger with competitor Dobreve Energia, known as DESA, the firms said on Monday. DESA will merge into CPFL via its holding company WF2. CPFL will take on BRL200m ($84m) of debt, and give DE

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