Edition:
India

Luciano Costa

Brazil state-run power firm CEB mulls privatization to raise $129 million: CEO

11 Jun 2019

SAO PAULO Brazilian state-run power group Companhia Energetica de Brasilia is considering privatizing its distribution unit, CEB-D, to raise 500 million reais ($129 million) to improve its finances, Chief Executive Edison Garcia said.

Firms flock to power auction for troubled Brazil state near Venezuela

10 May 2019

SAO PAULO Developers have presented more than 150 proposals for power plants ahead of an auction this month to supply electricity to the Brazilian state of Roraima, which has struggled with a rash of blackouts due to reliance on the shaky Venezuelan power grid.

Firms flock to power auction for troubled Brazil state near Venezuela

10 May 2019

SAO PAULO, May 9 Developers have presented more than 150 proposals for power plants ahead of an auction this month to supply electricity to the Brazilian state of Roraima, which has struggled with a rash of blackouts due to reliance on the shaky Venezuelan power grid.

RPT-Private investors raise bets in Brazil power sector as state firms fade

26 Apr 2019

SAO PAULO, April 25 International private companies have increased their investment in Brazil's power sector over the last three years even as the country's cash-strapped state-controlled companies have cut back, a Reuters survey of power companies shows.

Private investors raise bets in Brazil power sector as state firms fade

26 Apr 2019

SAO PAULO International private companies have increased their investment in Brazil's power sector over the last three years even as the country's cash-strapped state-controlled companies have cut back, a Reuters survey of power companies shows.

Petrobras hikes diesel price, eyes divestments amid investor unease

18 Apr 2019

RIO DE JANEIRO/SAO PAULO Brazilian state-run oil firm Petroleo Brasileiro SA hiked diesel prices on Wednesday, and executives said the firm could expand its already aggressive divestment plan while arguing the company was completely free of political interference.

UPDATE 1-Brazil's Vila Energia sells wind complex to France's Total -executive

16 Apr 2019

SAO PAULO, April 16 Brazilian energy company Vila Energia Renovável said on Tuesday it sold 90 percent of wind power complex Terra Santa to France's Total SA.

Brazil eyes new Amazon dam in Roraima amid Venezuela crisis

27 Mar 2019

SAO PAULO Brazil's government has resumed studies to build a large hydroelectric power plant in the northern border state Roraima, which currently relies on the shaky Venezuelan grid, officials at state energy planning agency EPE told Reuters.

Indigenous rights ignored as Brazil jump-starts power line: prosecutor

08 Mar 2019

SAO PAULO Brazil's move to accelerate construction of an electric line to the northern state of Roraima, which now relies on crisis-ridden Venezuela for power, could violate the rights of indigenous peoples whose land it must cross, a federal prosecutor told Reuters.

Brookfield eyeing other targets in Brazil including Sabesp: source

02 Mar 2019

SAO PAULO Canadian asset manager Brookfield Asset Management Inc is looking for additional targets in Brazil after a recent wave of acquisitions, including Sao Paulo state sanitation company Sabesp, a source familiar with the plans told Reuters.

World News