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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
Luiz Augusto Pereira de Andrade Figueira
Chief Administrative and Sustainability Officer
Lucia Maria Martins Casasanta
Chief Compliance Officer
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Brazilian senator Eduardo Braga said on Tuesday the government will likely raise between 15 billion and 20 billion reais ($3.57 billion) with the privatization of state-run power company Eletrobras.
Brazilian state-owned power company Eletrobras <ELET6.SA> plans to invest 6 billion reais ($1.1 billion) per year until 2035 expanding its power generation and transmission, according to a long-term strategic plan released on Saturday.
Brazilian renewable energy company Omega Geracao SA agreed to buy wind energy assets from Brazil's Eletrobras for 1.5 billion reais ($290.98 million), the two companies said in securities filings on Thursday.
Brazilian state-run power firm Eletrobras <ELET6.SA> could raise more than 14 billion reais ($2.64 billion) with a share offering planned by the government that would reduce its stake in the company to 49%, Chief Executive Wilson Ferreira Jr. said on Thursday.
Brazilian prosecutors and the federal police launched an investigation of potential fraud at the Eletronuclear subsidiary of Centrais Eletricas Brasileiras SA <ELET6.SA>, according to statements on Thursday.
Brazil's power holding company Centrais Eletricas Brasileiras SA said federal police had launched a probe to investigate potential fraud at its subsidiary Eletronuclear, according to a securities filing.
Brazil on Wednesday approved a plan to complete its long-delayed third nuclear reactor Angra 3, with or without a partner joining Eletronuclear, the Eletrobras subsidiary that runs two existing two nuclear plants.
Brazilian power holding Eletrobras is sticking to its plan to invest about 5.3 billion reais ($933 million) this year despite the coronavirus pandemic, Chief Executive Officer Wilson Ferreira said on Wednesday.
Brazilian President Jair Bolsonaro signed a decree that excludes Eletropar, controlled by the country's largest power company known as Eletrobras, from the national privatization program.
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.
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