Alstom - Finlabo Research Equity Report: Fundamental and Technical Analysis and 6 months performance forecast
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Alstom SA's Alstom Renewable Power and Alstom Grid to Supply EDP Group's Energias do Brazil with Equipment for Cachoeira Caldeirao Hydro Plant
Alstom SA announced that Alstom Renewable Power was selected by EDP Group's Energias do Brazil, to supply all electromechanical equipment to Cachoeira Caldeirao, a 220 MW hydro plant on the Araguari river, in Amapa State, in the northern region of Brazil. The plant should be fully operational in 2017. As part of the contract, Alstom Grid will also supply equipment for the plant's internal substation. The Company's share of the contract is worth approximately EUR 100 million.
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