Centrais Eletricas Brasileiras SA (ELET3.SA)
R$ 0.17 (+0.97%)
|Market Cap(Mil.):||R$ 29,035.34|
SAO PAULO, Dec 18 Brazilian state-run power utility Centrais Elétricas Brasileiras SA will reduce its investments starting in 2018 to boost efficiency ahead of its planned privatization next year.
SAO PAULO, Dec 18 Brazilian state-run power utility Centrais Elétricas Brasileiras SA said its board had authorized investments of 19.75 billion reais ($6 billion) to be made over five years starting in 2018, according to a securities filing on Monday.
SAO PAULO, Dec 12 Facing a severe financial crisis, Brazil's state-run nuclear power concern Eletrobras Termonuclear SA may halt operations at two power plants in Rio de Janeiro, newspaper O Estado de São Paulo reported on Tuesday, citing a letter from the firm's acting chief executive.
SAO PAULO Brazil's government has proposed giving up its voting rights in the privatization of power utility Centrais Elétricas Brasileiras SA while retaining a strategic veto, an official told Reuters on Friday.
SAO PAULO, Nov 22 Brazil's development bank BNDES opened on Wednesday the data room for investors to access information on six power distribution companies controlled by state-run Eletrobras that will be privatized early next year, the bank said.
* Brazil's development bank BNDES says six power distributors owned by Centrais Elétricas Brasileiras SA, or Eletrobras, have 10.2 billion reais ($3.14 billion) value, but 20.8 billion reais in debt
BRASILIA Brazil's government has approved the privatisation model for the power distribution units of state-run company Eletrobras , Adalberto Vasconcelos, who heads the body overseeing Brazil's privatisation programme, said on Wednesday.
RIO DE JANEIRO, Nov 6 Brazil's state-run power company Centrais Eletricas Brasileiras SA will issue new shares in the second half of 2018 as part of the plan to dilute the government's stake and privatize the company, an executive said on Monday.
SAO PAULO, Oct 20 The Brazilian government wants no shareholder to hold more than 10 percent of the controlling block of power utility Centrais Elétricas Brasileiras SA after its privatization, said Acting Mines and Energy Minister Paulo Pedrosa on Friday.
SAO PAULO, Oct 18 Brazilian state-run power company Centrais Elétricas Brasileiras SA is relying on the successful completion of an asset sale program to reduce its indebtedness, Chief Executive Officer Wilson Ferreira Junior said on Wednesday.