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Centrais Eletricas Brasileiras SA (ELET3.SA)

ELET3.SA on Sao Paulo Stock Exchange

32.35BRL
18 Apr 2019
Change (% chg)

R$ 0.94 (+2.99%)
Prev Close
R$ 31.41
Open
R$ 31.65
Day's High
R$ 33.00
Day's Low
R$ 31.44
Volume
4,494,800
Avg. Vol
4,703,381
52-wk High
R$ 40.84
52-wk Low
R$ 11.75

Latest Key Developments (Source: Significant Developments)

Centrais Eletricas Brasileiras - Specific Purpose Company Norte Energia S/A Reported Occurrence Of Fire In Warehouse Of Belo Monte Consortium In Vitória Of Xingu
Tuesday, 12 Feb 2019 

Feb 12 (Reuters) - Centrais Eletricas Brasileiras SA ::CENTRAIS ELETRICAS BRASILEIRAS - SPECIFIC PURPOSE COMPANY NORTE ENERGIA S/A REPORTED OCCURRENCE OF FIRE IN WAREHOUSE OF BELO MONTE CONSORTIUM IN VITÓRIA OF XINGU (PA).CENTRAIS ELETRICAS BRASILEIRAS -THERE WERE NO VICTIMS, DAMAGE WAS ONLY MATERIAL FROM FIRE IN A WAREHOUSE OF BELO MONTE CONSORTIUM IN VITÓRIA OF XINGU.  Full Article

Eletrobras postpones auction to sell subsidiary Amazonas Energia
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - Centrais Eletricas Brasileiras SA ::BRAZIL'S ELETROBRAS POSTPONES AUCTION TO SELL POWER DISTRIBUTION COMPANY AMAZONAS ENERGIA TO NOV 27 FROM OCT 25.ELETROBRAS SAYS POSTPONEMENT DUE TO NEGOTIATIONS WITH FUEL SUPPLIERS REGARDING GUARANTEES TO AMAZONAS ENERGIA - FILING.  Full Article

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

Brazil's Eletrobras reports hefty profit, boosted by privatizations

RIO DE JANEIRO, March 28 Brazilian state-run electricity company Eletrobras on Thursday reported a fourth-quarter profit of 12.07 billion reais ($3.02 billion), a sharp turnaround from the year before, thanks in part to the sale of money-losing subsidiaries and the reversal of impairments.