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| Skanska sells 50% of Brazilian PPP project Swedish construction firm Skanska has signed an agreement for the sale of its 50-percent equity interest in the Ponte de Pedra hydroelectric power plant in Brazil. The selling price of the equity is approximately SEK 1 billion, with a capital gain of SEK 550 M. The purchaser is the French Belgian energy company Suez-Tractebel, which is also acquiring Impregilo's 50-percent interest. The 176-MW power plant has been in operation since 2005. The construction project was implemented jointly by Skanska Latin America and Impregilo. Skanska Latin America has also been responsible for operation and maintenance of the plant since its start-up. write your comments about the article :: © 2007 Construction News :: home page |