Cia de Transmissao de Energia Eletrica Paulista (CTEEP) is seeking to invest a total of about $958 million during next three year,
The Wall Street Journal reports. The Brazilian electricity transmission company will invest $467.3 million this year and $294.1 million in 2012.
CPEET will also invest $203 million in 2013. About $18.4 million of the investment planned for this year will be directed to the IE Madeira division, which is building a transmission line from the Madeira river in northern Brazil to the southeastern state of Sao Paulo.
