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 Sunday, according to two sources…
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…
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, in a first major cost…
(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 first earnings report since its…
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…
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…
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…
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…