Dias Carneiro advises Energisa on the acquisition of Geogroup Paranaita

Dias Carneiro Advogados has advised Energisa and its subsidiary Energisa Transmissão de Energia SA (ETE) on the acquisition of the total shares of Geogroup Paranaíta

Dias Carneiro Advogados has advised Energisa and its subsidiary Energisa Transmissão de Energia SA (ETE) on the acquisition of 100% of the total shares of Geogroup Paranaíta Transmissora de Energia SPE S.A. (SPE Paranaíta) for BRL 100.7 million.

SPE Paranaíta has an annual allowable revenue (RAP) of BRL 10,908,743.94, not having short and long-term debt. It owns a substation of 500/138 kV, 150 MVA located on the border between the states of Mato Grosso and Pará that connects to Energisa Mato Grosso Distribuidora de Energia.

With this acquisition, the company now has a portfolio of seven transmission projects, further expanding its operations in the industry and attesting to its commitment to improve the infrastructure of the electricity sector in Brazil.

Dias Carneiro Advogados relied on partner Paula Seabra Carvalho Reis (pictured) and associates Tathiana Luz, Arthur Diniz and inter Marina Coelho de Camargo Penteado.
In-house counsel of to Energisa João Paulo Moraes e Paes de Barros e Guilherme Fiuza Muniz.

Counsel to Geogroup Paranaíta in-house counsel Carlos Augusto Garret e Vitor Belo.