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11 Oct
14:07

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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