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    China’s largest state-owned energy company has been looking abroad for new business. In 2013, it acquired SP AusNet, a power company in Australia formerly owned by Singapore Power International. The company also bought 60% of SPI (Australia) Assets Pty Ltd, another Australian power company. This year, State Grid has also won a bid for a project in Brazil.

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    Key Financials

    $ Millions% change
    Revenues333,38611.7
    Profits7,982-35.2
    Assets424,531-