Iberdrola's Neoenergia is planning to invest in brazil's power grid, with various reports suggesting different amounts, including investments in specific regions such as the northeast and bahia. The investment amounts range widely, from €2.4 billion to $10 billion, with some outlets reporting specific financing agreements, including €130 million from the Japan International Cooperation Agency. The investments are intended to modernize power grids in various regions of brazil, with some reports specifying targets by 2030.