“We are concluding due diligence and audits and should be reaching the final steps of the acquisition which would also include aligning corporate governance,” said Dorf during a conference call to discuss the company's results for the second quarter of 2014.
Additionally, CPFL would assume control of another 29MW of wind farms being built by Desa. CPFL announced the acquisition in the first quarter of 2014 and since then has been taking steps to conclude the deal.
CPFL's
