September 1, 2008

DUKE ENERGY: Disputing $40Mil Additional Assessment in Brazil

COMPANIES: Duke Energy Corp | Duke Energy International Geracao Paranapanema SA
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The legal challenge on the merits of the US$40 million assessment against Duke Energy Corp.’s subsidiary, Duke Energy International Geracao Paranapanema S.A. (Paranapanema), remains pending before the Brazilian federal court.

In June 2007, the Brazilian electricity regulatory agency (ANEEL) issued…

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