Tractebel Energia, a subsidiary of GDF SUEZ has unveiled a 1,087MW hydroelectric power plant at Estreito in Brazil.
The hydroelectric project cost $2.75bn and GDF SUEZ chairman and CEO Gerard Mestrallet remarked that Brazil was vital to its plans in the region.
"We are keen to participate in meeting the growing energy needs of the country through the development of projects that provide clean and renewable energy," said Mestrallet.
Tractebel Energia owns a 40.07 per cent stake in the project with Vale, Alcoa and Intercement being the other joint-owners.
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