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Centrais Eletricas Brasileiras SA (ELET3.SA)

ELET3.SA on Sao Paulo Stock Exchange

15.12BRL
13 Aug 2018
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Latest Key Developments (Source: Significant Developments)

Brazil's audit court suspends sale of Eletrobras' stake in transmission co Intesa- Filing
Thursday, 2 Aug 2018 

Aug 1 (Reuters) - Centrais Eletricas Brasileiras SA ::BRAZIL'S AUDIT COURT SUSPENDS SALE OF POWER HOLDING CO ELETROBRAS' STAKE IN TRANSMISSION CO INTESA- FILING.BRAZIL'S AUDIT COURT SAYS NEGOTIATIONS BETWEEN ELETROBRAS AND EQUATORIAL FOR STAKE SHOULD BE SUSPENDED PENDING REVIEW OF NEW REQUIREMENTS- FILING.BRAZIL'S ELETROBRAS SAYS AUDIT COURT HAS REQUESTED "SPECIFIC ACTIONS" BEFORE ASSET SALES- FILING.  Full Article

Eletrobras CEO expects approval of privatization bill in 75 days
Thursday, 17 May 2018 

May 16 (Reuters) - Centrais Eletricas Brasileiras SA ::CEO OF BRAZIL'S ELETROBRAS SAYS IT IS URGENT TO SOLVE PRIVATIZATION OF ITS POWER DISTRIBUTION SUBSIDIARIES TO IMPROVE THE COMPANY'S FINANCIAL PERFORMANCE.ELETROBRAS CEO FERREIRA EXPECTS APPROVAL OF PRIVATIZATION BILL IN THE BRAZILIAN CONGRESS IN TWO AND A HALF MONTHS.  Full Article

Brazil to release soon privatization model for Eletrobras
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - :Brazil to publish privatization model for Centrais Elétricas Brasileiras SA <<>>, or Eletrobras, in coming days, says energy ministry official Fábio Lopes Alves.  Full Article

Eletrobras to sell minority stakes in some projects this year
Tuesday, 3 Oct 2017 

Oct 2 (Reuters) - :CEO of Brazil's Centrais Elétricas Brasileiras SA <<>>, or Eletrobras, Wilson Ferreira Jr says company weighs keeping a 30 percent stake in power distribution firms put for sale.Eletrobras CEO Ferreira Jr says company to sell minority stakes in some projects this year.Eletrobras CEO said company will share some information regarding privatization model by year-end.  Full Article

Eletrobras shareholders approve extension of distributor operations

RIO DE JANEIRO, July 30 Brazil's Centrais Eletricas Brasileiras SA said on Monday that shareholders had approved an extension of the state-run power company's operation of electricity distributors until the end of the year instead of until the end of July.