Eletrobras, Shell mull co-investment in Brazil offshore wind power
SAO PAULO (Reuters) – Brazilian power company Eletrobras said on Thursday it has signed a cooperation agreement with Shell as they exchange information for a potential co-investment in offshore wind power in…
Brazil raises about $6 billion in Eletrobras shares in world’s No.2 offering of the year
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 America’s largest utility, as the share offering…
Brazil should speed up Eletrobras privatization before Fed hikes rates, official says
By Marcela Ayres and Bernardo Caram BRASILIA – Monetary tightening in the United States makes it all the more pressing to speed up the privatization of Brazil’s largest utility, state-run power company…
Brazil’s Guedes says Eletrobras won’t be able to invest enough to keep up with stronger economic growth
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 with stronger economic growth expected for the…
Shareholders approve Brazil’s Eletrobras privatization – report
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 Economico report citing sources. According to the…
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