April 11, 2018 / 12:53 AM / 3 months ago

Brazil committed to Eletrobras privatization: finance minister

BRASILIA (Reuters) - Brazil is committed to the privatization of state-controlled power utility Centrais Elétricas Brasileiras SA (ELET3.SA), new Finance Minister Eduardo Guardia told local television in his first interview after taking office on Tuesday.

FILE PHOTO: A view of the headquarters of Brazil's power company Eletrobras in downtown Rio de Janeiro August 20, 2014. REUTERS/Pilar Olivares

The government estimated it could raise 12.2 billion reais ($3.6 billion) in additional revenue from the privatization of Eletrobras, as the company is known.

Reporting by Bruno Federowski; Editing by Sandra Maler

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