Allianz, China state grid shortlisted for stake in Luxembourg utility Encevo

Allianz, China state grid shortlisted for stake in Luxembourg utility Encevo

Photo: Fré Sonneveld/unsplash

Southern Power Grid, one of two Chinese state grid firms, has been short-listed in an auction expected to fetch around 400 million euros ($467 million ) for a stake in Luxembourg utility Encevo, people close to the matter said.

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