December 22, 2017 |
Engie may print up to $530m in bonds next year to fund project investments, sources have said.
The French company's Brazilian electric arm is charting funding after it approved a BRL2.1bn ($664.2m) local bond, but with activity increasing in Brazil's energy space, the company is looking abroad for debt, one fixed-income investor said.
Earlier this week, Engie Brazil won an auction carried out by the National Power Agency (ANEEL) for the concession of 1,146 km of transmission lines in Paraná Stat
Local subsidiary of French power company may raise more than $500m in cross-border markets next year