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Usiminas Sees Higher Steel Prices In Brazil In Coming Months - Exec
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Centrais Eletricas Brasileiras SA Continues To Follow Ongoing Actions Of Operation Lava Jato
Centrais Eletricas Brasileiras S.A. (Eletrobras) is a power generation company. The Company operates in the generation, transmission, distribution and trading segments. The Company operates through various companies, including Eletrobras holding, CGTEE, Chesf, Eletronorte, Eletronuclear, Eletrosul, Furnas, Amazonas Energia, Distribuicao Acre, Distribuicao Alagoas, Distribuicao Piaui, Distribuicao Rondonia, Distribuicao Roraima and half the capital of Itaipu Binacional. The Company has a total installed capacity for generation of over 44,150 megawatts. It has a nationwide network of transmission lines of approximately 60,500 kilometers in length. The Eletrobras Eletrosul's Megawatt Solar Plant has over 4,000 photovoltaic panels, totaling an area of approximately 8,300 square meters. The Eletrobras Eletrosul's Megawatt Solar Plant has an installed capacity of approximately one megawatt-peak (MWp), and the Megawatt Solar Plant can produce approximately 1.2 gigawatt hour (GWh).
Rua da Quitanda, 196 - Centro
Jose Guimaraes Monforte
Independent Chairman of the Board
Wilson P. Ferreira
Chief Executive Officer, Member of the Executive Board, Director
Elvira Baracuhy Cavalcanti Presta
Chief Financial and Investor Relations Officer
Lucia Maria Martins Casasanta
Chief Governance, Risks and Compliance Officer
Pedro Luiz De Oliveira Jatoba
Chief Generation Officer
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Brazil's lower house speaker Rodrigo Maia said on Tuesday that upcoming municipal elections make it harder to approve the privatization of state-controlled power holding company Centrais Eletricas Brasileiras SA , or Eletrobras, this year. (Reporting by Luana Maria Benedito)
Brazil's privatization secretary Salim Mattar said on Tuesday a privatization modelling for Centrais Eletricas Brasileiras SA would be concluded in coming days, allowing the state-run power company's capitalization to go ahead this year.
Brazilian power holding Centrais Elétricas Brasileiras SA will fire 70 more workers after falling short of its goal of workforce reduction with voluntary severance programs, according to an internal document seen by Reuters.
Brazil hopes to sell assets worth 150 billion reais ($36.33 billion) in 2020, privatizations secretary Salim Mattar said on Tuesday, adding that the focus this year will be on selling subsidiaries of Centrais Eletricas Brasileiras SA <ELET6.SA>.
Brazil's Centrais Eletricas Brasileiras SA <ELET6.SA> has completed a capital increase of 7.75 billion reais ($1.93 billion) via private placement, the state-run utility said in a securities filing.
Brazil's government does not have an alternative proposal for the privatization of power holding company Centrais Eletricas Brasileiras SA <ELET6.SA> which appears headed for rejection in the Senate, according to two people with knowledge of the matter.
The Brazilian government's proposal to give up control of power company Centrais Eletricas Brasileiras SA <ELET6.SA> via a capital increase cannot pass the Senate in its current form, the head of the upper house told reporters on Friday.
Brazil's state-run power company Centrais Eletricas Brasileiras SA will record cash generation of more than 10 billion reais ($2.4 billion) this year, chief executive officer Wilson Ferreira said on Tuesday.
Brazil's Eletrobras SA said 1,300 employees would be laid off by the end of the year, as part of the state-run power company's second voluntary redundancy program of 2019.
Brazilian state-run utility firm Centrais Eletricas Brasileiras SA said on Thursday that shareholders approved at an extraordinary general meeting a capital increase of up to 9.99 billion reais ($2.39 bln) via private placement.
* Chile's peso, stocks slide as unrest continues * Chile central bank expected to slash rates -poll * Trump speech feeds worries about global trade * Eletrobras dips after announcing job cuts By Sagarika Jaisinghani Nov 13 (Reuters) - Chile's peso slid for the fifth straight...
Brazil state-run utility firm Centrais Eletricas Brasileiras SA <ELET6.SA> plans to increase investments and reduce its staff to 10,000 employees, from 13,700, as part of its proposed privatization, its chief executive said on Tuesday.
Brazil's state-run power company Centrais Eletricas Brasileiras SA <ELET6.SA> said that President Jair Bolsonaro had approved a capital increase of up to 9.9 billion reais ($2.42 billion) that the company's board was seeking.
Brazil's President Jair Bolsonaro signed a bill on Tuesday for the privatization of state-run Centrais Eletricas Brasileiras SA <ELET6.SA>, Latin America's largest power company and a sale of major state asset that must be approved by Congress.
Shares in Brazilian power company Eletrobras SA jumped more than 4% on Tuesday on expectations that President Jair Bolsonaro will sign off on a plan to end state control of the company, one of his biggest privatizations yet.
Brazil President Jair Bolsonaro will on Tuesday sign off on a plan to privatize state-controlled Brazilian power company Eletrobras SA, the company said.
Chinese power company State Grid is considering participating in the privatization of Brazilian state-run energy firm Eletrobras SA <ELET6.SA>, Brazil Chief Executive Chang Zhongjiao said on Thursday.
Brazilian state-run power firm Centrais Eletricas Brasileiras SA estimated that it could raise up to 5.1 billion reais ($1.23 billion) via the potential issue of 9.99 billion reais worth of shares, according to a company presentation released Wednesday night.
The board of Brazilian state-run power firm Eletrobras has approved an extraordinary shareholders meeting to decide upon a capital increase of 9.99 billion reais ($2.42 billion) via a follow-on share offering, the firm said on Monday.
Preferred shares of Brazil state-controlled power utility Centrais Eletricas Brasileiras SA <ELET6.SA> rose over 12% to around 45 reais after House Speaker Rodrigo Maia said on Wednesday that Congress will renew efforts to privatize the company.
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