Brazilian, French energy firms to cooperate in L. America, Africa

Brazil's major power utility Eletrobras and French energy company GDF Suez Thursday signed an agreement in Sao Paulo to develop joint energy projects in Latin America and Africa.

The document, signed at the meeting of the Brazil-France Group of Senior Executives, focused on construction and operations of transmission lines and power plants using renewable sources.

"The agreement is critical to the relationship between the two companies," said Mauricio Bahr, chairman of the GDF Suez in Brazil, adding that it was a start for new challenges.

Eletrobras, Latin America's biggest power utility, operates electric generation, transmission and distribution, while the GDF Suez is an world class energy giant.

Government officials and company representatives from the two countries attended the meeting. 
(Source:xinhua)