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Centrais Eletricas Brasileiras SA (ELET6.SA)

ELET6.SA on Sao Paulo Stock Exchange

25.97BRL
13 Nov 2018
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Tue, Nov 13 2018

Eletrobras posts Q3 loss of $427 mln on provisions, write-offs

SAO PAULO, Nov 13 Brazilian power utility Eletrobras made a third-quarter net loss of 1.61 billion reais ($427 million), hit by large provisions and some write-offs to assets that were sold, the company said on Tuesday.

UPDATE 1-Brazil's Eletrobras to assume more debt to privatize distributor -source

RIO DE JANEIRO/SAO PAULO, Oct 30 Brazilian state-controlled power holding company Centrais Elétricas Brasileiras SA may assume an additional 3 billion reais ($810 million) in debt to pave the way for the privatization of a distribution company, a source familiar with the matter said on Tuesday.

Brazil's Eletrobras to assume additional $800 mln in debt to privatize distributor- source

SAO PAULO/RIO DE JANEIRO, Oct 30 Brazilian state-controlled power holding company Centrais Elétricas Brasileiras SA may assume additional 3 billion reais ($809.6 million) in debt as a solution to privatize a distribution company in the northern state of Amazonas, one source said on Tuesday.

Bolsonaro adviser favors selling Eletrobras generation assets

SAO PAULO, Oct 13 The top economic adviser to Brazilian far-right presidential front-runner Jair Bolsonaro said he favors selling off some of the power generation assets of utility company Centrais Eletricas Brasileiras S.A. , raising new contradictions in the candidate's policy team.

UPDATE 1-Eletrobras shares drop on Bolsonaro's reluctance to sell power assets

SAO PAULO, Oct 10 Shares of Brazil's state power company tumbled 13 percent on Wednesday after presidential front runner Jair Bolsonaro said he was unwilling to sell generation assets, suggesting he is against the full privatization of Centrais Eletricas Brasileiras SA, also known as Eletrobras.

RPT-Brazil's Bolsonaro opposes sale of power companies to China - report

SAO PAULO, Oct 10 Brazil's leading presidential candidate, far-right politician Jair Bolsonaro, said in an interview aired on TV Bandeirantes on Tuesday evening that he is not willing to sell state power generation assets, suggesting he is against the full privatization of Centrais Eletricas Brasileiras SA.

Brazil's Bolsonaro opposes sale of power companies to China - report

SAO PAULO, Oct 10 Brazil's leading presidential candidate, far-right politician Jair Bolsonaro, said in an interview aired on TV Bandeirantes on Tuesday evening that he is not willing to sell state power generation assets, suggesting he is against the full privatization of Centrais Eletricas Brasileiras SA.

Brazil's Eletrobras raises $325 mln from asset sales in auction

SAO PAULO, Sept 27 Brazilian state-run power company Centrais Eletricas Brasileiras SA on Thursday raised 1.29 billion reais ($325 million) from an auction of wind power and transmission assets.

Shanghai Electric quits talks to buy Eletrosul Brazil power projects

SAO PAULO China's Shanghai Electric Group gave up on negotiations to buy power transmission projects in Brazil from Eletrosul, a subsidiary of Centrais Elétricas Brasileiras SA , or Eletrobras, according to a market filing on Friday.

Shanghai Electric quits talks to buy Eletrosul Brazil power projects

SAO PAULO, Sept 21 China's Shanghai Electric Group gave up on negotiations to buy power transmission projects in Brazil from Eletrosul, a subsidiary of Centrais Elétricas Brasileiras SA, or Eletrobras, according to a market filing on Friday.

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