Alupar Investimento S.A. acquired an additional 1% stake in ETB - Empresa Transmissora Baiana S.A., for BRL 1.3 million.
November 24, 2019
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Alupar Investimento S.A. (BOVESPA:ALUP11) acquired an additional 1% stake in ETB - Empresa De Transmissao Baiana S.A., for BRL 1.3 million on November 25, 2019. Alupar Investimento S.A., acquired 2, 230 shares of ETB. As a result of the acquisition, stake of Alupar Investimento S.A., in ETB - Empresa De Transmissao Baiana S.A., has reached 51%.
Alupar Investimento S.A. (BOVESPA:ALUP11) completed the acquisition of an additional 1% stake in ETB - Empresa De Transmissao Baiana S.A., on November 25, 2019.
Alupar Investimento SA is a Brazil-based company primarily engaged in the electric utilities sector. The Company focuses on developing and investing in infrastructure projects involving the energy industry in Brazil and other Latin American countries. Its activities are divided into two business segments: Transmission and Generation. The Transmission division holds electric power transmission concessions in Brazil and Chile. The Generation division includes renewable electricity generation through hydroelectric power plants (HPPs), small hydroelectric plants (SHPs) and wind farms in Brazil, Colombia and Peru. The Company operates through numerous subsidiaries, such as Transminas Holding SA, Windepar Holding SA, Alupar Inversiones Peru SAC and Alupar Chile Inversiones SpA. The Company is controlled by Guarupart Participacoes Ltda.
ALUPAR INVESTIMENTO S.A. 
