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Chinese consortium of CMEC and CDIL to Invest and Finance one of the Largest Solar Power Projects in Latin America News provided by Share this article Share this article HONG KONG, April 28, 2021 /PRNewswire/ -- China Development Integration Limited ("CDIL") and China Machinery Engineering Corporation ("CMEC") are pleased to announce that they have entered into a development agreement in relation to the EPC+F (engineering, procurement, construction + financing) of a 1100MW photovoltaic project in Port Açu and additional locations in Brazil. CDIL is based in Hong Kong since 1987 and is enga...

Following in the footsteps of his father — who put together the pieces of a vast iron ore extraction and export operation that today takes the shape of mining conglomerate Vale — Batista built up his EBX empire of companies, covering mining, logistics, oil and gas and offshore industries, among others. Batista’s star reached a zenith in 2008 when he sold part of his iron ore business to Anglo-American for a cool $5.5 billion. The ambitions of Batista’s business projects seemed to know no bounds and he revelled in his portrayal as one of the richest men in the world who was also changi...