
Neoenergia is Brazil's largest private power distributor and is controlled by Spanish utility Iberdrola. (Andrew Henderson/The National)
Neoenergia is Brazil's largest private power distributor and is controlled by Spanish utility Iberdrola. (Andrew Henderson/The National)
Brazil's biggest IPO raises $977 million for power distributor Neoenergia
It’s the biggest IPO this year in Brazil and the first since Grupo SBF SA in mid-April.