April 10, 2018 / 2:31 PM / 14 days ago

Brazil's Cemig postpones Belo Monte stake sale to 2019

SAO PAULO, April 10 (Reuters) - Brazilian power company Companhia Energética de Minas Gerais SA has decided to postpone the sale of its stake in the Belo Monte hydropower plant until 2019, according to a presentation released on Tuesday.

Controlled by the state of Minas Gerais, Cemig, as the company is known, also said it has resumed talks with a potential buyer of its stake in the Santo Antonio hydroelectric dam. (Reporting by Luciano Costa)

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