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Power and automation technology group ABB's orders and revenue from the Americas in the fourth quarter totaled US$2.49bn and US$2.63bn, respectively, down 8% and 11% year-on-year, according to the company's latest financials.
In its earnings presentation, ABB said Brazil is a "difficult environment driven by structural issues and commodity depressions."
BNamericas has learned that the energy environmental affairs office of Peru's energy and mines ministry approved the executive summary of Consorcio Transmantaro's EIS for 220kV transmission line Friaspata-Mollepata.
Colombian utility Empresas Públicas de Medellín (EPM) announced in a filing to securities regulator Superfinanciera that Medellín's mayor presented a draft agreement for the municipal council to approve the sale of EPM's 13.14% stake in power generator Isagen.
Last month, Brookfield Renewable Energy Partners and its institutional partners completed the acquisition of 57.6% of the outstanding common shares of the previously state-owned electricity producer for US$2.2bn.
Power utility NV Energie Bedrijven Suriname issued a call for bids to expand and upgrade existing SCADA/EMS capabilities of the T&D grid as part of an IDB-financed power sector improvement program. Offers are due April 26, according to the procurement notice.
UPCOMING BNAMERICAS EVENTS
4TH Mexico Electric Power Summit
5TH Mexico Infrastructure Summit
4TH Mexico Oil&Gas Summit