BUSINESSTHE RIO TIMES
Steelmaker Gerdau Now Self-Generates Half Its Own Clean Power
Gerdau, Brazil’s largest steelmaker, has acquired full ownership of the Dona Francisca hydro plant on the Jacuí River in Rio Grande do Sul state by purchasing stakes from Copel and Celesc. This move enables Gerdau to self-generate half its clean power.
Mentioned
Related Signal
Adjacent reporting
- Braskem Majority Stake Sale by Novonor Advances With Signed Deal
- Poland’s Orlen Says It Is ‘in Talks’ Over a Stake in Ukraine’s Ukrnafta
- Czech energy group hints at combined bid for British Steel and Speciality Steel UK
- Stegra lands funding to complete world’s first major green-steel mill
- SK On Tennessee takes control of battery plant in Stanton as joint venture with Ford dissolves