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2 months ago
Brazil's utility Cemig may sell up to 6.5 bln reais in assets to reduce debt -filing
June 1, 2017 / 8:45 PM / 2 months ago

Brazil's utility Cemig may sell up to 6.5 bln reais in assets to reduce debt -filing

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SAO PAULO, June 1 (Reuters) - Brazil's state-run utility Companhia Energética de Minas Gerais is trying to sell assets worth 6.5 billion reais ($2 billion), the company said in a securities filing on Thursday.

Assets on sale include stakes in transmission company Transmissora Aliança de Energia Elétrica SA, hydroelectric dam Santo Antonio Energia SA, Light Energia SA , natural gas distribution unit Companhia de Gas de Minas Gerais, renewable energy company Renova Energia SA , its telecom subsidiary and three small hydroelectric dams. ($1 = 3.2452 reais) (Reporting by Luciano Costa; Writing by Tatiana Bautzer; Editing by Jonathan Oatis)

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