E.ON
and
MPX
–
the
energy
arm
of
EBX
group,
which
is
controlled
by
billionaire
Eike
Batista
–
plan
to
build
20GW
of
renewable
and
fossil-fuel
generation
capacity
across
Brazil
and
Chile.
That
would
make
their
50/50
joint-venture
company
the
largest
private
energy
group
in
Brazil,
says
E.ON.
This
is
E.ON’s
first
move
into
Brazil,
a
target
growth
market
for
the
German
group,
which
says
it
has
agreed
to
invest
about
R$850m
($471m)
to
gain
its
minority
holding
in
MPX.
Analysts
say
the
deal
helps
E.ON
to
break
out
of
its
sluggish…
