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eletrobras

Brazil’s Eletrobras probes collapse of transmission towers – sources

January 10, 2023January 10, 2023
Brazil's eletrobras probes collapse of transmission towers - sources - photo licensed by shore news network.

SAO PAULO (Reuters) – Brazilian energy company Eletrobras is investigating whether the collapse of two transmission towers were related to anti-government riots in Brazil on …

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Eletrobras, Shell mull co-investment in Brazil offshore wind power

December 15, 2022December 15, 2022
Eletrobras, shell mull co-investment in brazil offshore wind power - photo licensed by shore news network.

SAO PAULO (Reuters) – Brazilian power company Eletrobras said on Thursday it has signed a cooperation agreement with Shell as they exchange information for a …

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Brazil’s Eletrobras offers buyout to cut over 2,300 jobs, a fifth of workforce

October 28, 2022October 28, 2022
Brazil's eletrobras offers buyout to cut over 2,300 jobs, a fifth of workforce - photo licensed by shore news network.

SAO PAULO (Reuters) – Brazil’s electricity company Eletrobras offered on Friday a voluntary buyout to well over 2,000 people representing roughly 22% of its workforce, …

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Brazil’s Eletrobras reports 45% drop in Q2 net profit

August 12, 2022
Brazil's eletrobras reports 45% drop in q2 net profit - photo licensed by shore news network.

(Reuters) – Brazilian power company Eletrobras on Friday reported its second-quarter net income fell 45%, hit by the provision for losses in investments. In the …

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Brazil raises about $6 billion in Eletrobras shares in world’s No.2 offering of the year

June 10, 2022
Brazil raises about $6 billion in eletrobras shares in world's no. 2 offering of the year - photo licensed by shore news network.

By Rodrigo Viga Gaier and Gabriel Araujo RIO DE JANEIRO/SAO PAULO -Brazil’s government on Thursday night moved forward with its bid to privatize Eletrobras, Latin …

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Brazil should speed up Eletrobras privatization before Fed hikes rates, official says

May 18, 2022
Brazil should speed up eletrobras privatization before fed hikes rates, official says - photo licensed by shore news network.

By Marcela Ayres and Bernardo Caram BRASILIA – Monetary tightening in the United States makes it all the more pressing to speed up the privatization …

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Brazil’s Guedes says Eletrobras won’t be able to invest enough to keep up with stronger economic growth

April 7, 2022
Brazil's guedes says eletrobras won't be able to invest enough to keep up with stronger economic growth - photo licensed by shore news network.

BRASILIA – Brazil’s Economy Minister Paulo Guedes said on Thursday that state-run power company Eletrobras will not be able to invest enough to keep up …

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Shareholders approve Brazil’s Eletrobras privatization – report

February 22, 2022
Shareholders approve brazil's eletrobras privatization - report - photo licensed by shore news network.

SAO PAULO – Shareholders of Brazilian state-run power company Eletrobras approved on Tuesday the terms for the privatization of the company, according to a Valor …

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