Centrais Eletricas Brasileiras SA (ELET3.SA)
R$ -0.75 (-4.70%)
SAO PAULO, Sept 20 Brazilian state development bank BNDES has delayed the privatization auction of a power distribution unit owned by Centrais Eletricas Brasileiras SA until Oct. 25, the state-run utility said on Thursday.
SAO PAULO, Aug 30 Brazil's state-controlled power company Centrais Elétricas Brasileiras SA, or Eletrobras, sold three power distribution companies at a public auction on Thursday in Sao Paulo, concluding another step in its divestiture program.
RIO DE JANEIRO Royal Dutch Shell's Brazil chief said on Wednesday that the company is evaluating the assets of Centrais Eletricas Brasileiras SA's that are being put up for sale as part of the state-owned utility's debt reduction and privatization plans.
SAO PAULO, Aug 14 Brazil's state-controlled power utility Centrais Eletricas Brasileiras SA on Tuesday said its second-quarter net profit soared when compared with the same period a year earlier, helped by increases in power prices.
SAO PAULO, Aug 14 Brazilian state-controlled power utility Centrais Eletricas Brasileiras SA on Tuesday posted second-quarter net profit more than eight times higher than in the same period a year earlier.
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.
BRASILIA Jailed former Brazilian president Luiz Inacio Lula da Silva said in article published on Friday that if he is elected again in October he would seek a popular referendum to reverse the sale of assets of state-run companies like Petrobras and Eletrobras .
BRASILIA, July 27 Jailed former Brazilian president Luiz Inacio Lula da Silva said in article published on Friday that if he is elected again in October he would seek a popular referendum to reverse the sale of assets of state-run companies like Petrobras and Eletrobras.
SAO PAULO, July 26 Brazilian power company Equatorial Energia SA on Thursday won the right to buy power distribution company Cepisa, one of several units of state holding company Centrais Elétricas Brasileiras SA , or Eletrobras, that it has been working to divest in a controversial privatization program.
SAO PAULO A Brazilian federal judge overturned a court order holding up the sale of units of state utility Centrais Eletricas Brasileiras SA , and the government committed to assuming certain losses at the company, as the divestiture process continues to advance.