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Centrais Eletricas Brasileiras SA (ELET3.SA)

ELET3.SA on Sao Paulo Stock Exchange

23.01BRL
14 Nov 2018
Change (% chg)

R$ -0.14 (-0.60%)
Prev Close
R$ 23.15
Open
R$ 23.15
Day's High
R$ 23.49
Day's Low
R$ 22.32
Volume
4,391,100
Avg. Vol
3,986,885
52-wk High
R$ 25.55
52-wk Low
R$ 11.75

Latest Key Developments (Source: Significant Developments)

Eletrobras postpones auction to sell subsidiary Amazonas Energia
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - Centrais Eletricas Brasileiras SA ::BRAZIL'S ELETROBRAS POSTPONES AUCTION TO SELL POWER DISTRIBUTION COMPANY AMAZONAS ENERGIA TO NOV 27 FROM OCT 25.ELETROBRAS SAYS POSTPONEMENT DUE TO NEGOTIATIONS WITH FUEL SUPPLIERS REGARDING GUARANTEES TO AMAZONAS ENERGIA - FILING.  Full Article

Brazil's audit court suspends sale of Eletrobras' stake in transmission co Intesa- Filing
Thursday, 2 Aug 2018 

Aug 1 (Reuters) - Centrais Eletricas Brasileiras SA ::BRAZIL'S AUDIT COURT SUSPENDS SALE OF POWER HOLDING CO ELETROBRAS' STAKE IN TRANSMISSION CO INTESA- FILING.BRAZIL'S AUDIT COURT SAYS NEGOTIATIONS BETWEEN ELETROBRAS AND EQUATORIAL FOR STAKE SHOULD BE SUSPENDED PENDING REVIEW OF NEW REQUIREMENTS- FILING.BRAZIL'S ELETROBRAS SAYS AUDIT COURT HAS REQUESTED "SPECIFIC ACTIONS" BEFORE ASSET SALES- FILING.  Full Article

Eletrobras CEO expects approval of privatization bill in 75 days
Wednesday, 16 May 2018 

May 16 (Reuters) - Centrais Eletricas Brasileiras SA ::CEO OF BRAZIL'S ELETROBRAS SAYS IT IS URGENT TO SOLVE PRIVATIZATION OF ITS POWER DISTRIBUTION SUBSIDIARIES TO IMPROVE THE COMPANY'S FINANCIAL PERFORMANCE.ELETROBRAS CEO FERREIRA EXPECTS APPROVAL OF PRIVATIZATION BILL IN THE BRAZILIAN CONGRESS IN TWO AND A HALF MONTHS.  Full Article

Brazil to release soon privatization model for Eletrobras
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - :Brazil to publish privatization model for Centrais Elétricas Brasileiras SA <<>>, or Eletrobras, in coming days, says energy ministry official Fábio Lopes Alves.  Full Article

Eletrobras to sell minority stakes in some projects this year
Monday, 2 Oct 2017 

Oct 2 (Reuters) - :CEO of Brazil's Centrais Elétricas Brasileiras SA <<>>, or Eletrobras, Wilson Ferreira Jr says company weighs keeping a 30 percent stake in power distribution firms put for sale.Eletrobras CEO Ferreira Jr says company to sell minority stakes in some projects this year.Eletrobras CEO said company will share some information regarding privatization model by year-end.  Full Article

Brazil pension reform could pass in first half of 2019 -official

NEW YORK, Nov 14 A plan to overhaul Brazil's pension system could be approved in the first half of 2019 if the newly-elected government chooses to work with a bill put forward by the current administration, Treasury Secretary Mansueto Almeida said on Wednesday.