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11 Oct

Gerdau expands investments in renewable energy

Gerdau continues expanding the use of renewable energy in its production chain, Kallanish notes. The company says its subsidiary Newave Energia has entered into a definitive agreement with energy provider Voltalia Group for the acquisition of a 100% share of Solar Arinos Holding. The purpose is to develop, build and operate a new solar park in Minas Gerais state with an installed capacity of approximately 420-megawatt peak (MWp). The total investment is arou…
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