MPX and EDP buy out constructors after ‘difficult relationship’

Brazil’s Pinheiro Guimarães - Advogados has helped MPX Energia enter into a joint agreement with EDP - Energias do Brasil, which turned to Wald e Associados Advogados and Souza, Cescon, Barrieu e Flesch - Advogados, to buy out the consortium in charge of constructing three thermal power plants after what one lawyer describes as “difficulties” in the relationship.

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