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Equatorial Energia SA (EQTL3.SA)

EQTL3.SA on Sao Paulo Stock Exchange

23 Jan 2019
Change (% chg)

R$ 1.00 (+1.22%)
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Fri, Dec 28 2018

Brazil's Equatorial Energia wins auction to buy Eletrobras distributor

SAO PAULO, Dec 28 Brazil's Equatorial Energia won an auction on Friday to acquire 90 percent of an electric distributor owned by state-controlled company Eletrobras for 45 billion reais ($11.60 billion), according to a securities filing.

UPDATE 2-Brazil's Equatorial buys Eletrobras unit Cepisa at auction

SAO PAULO, July 26 Brazilian power company Equatorial Energia SA on Thursday won the right to buy power distribution company Cepisa, one of several units of state holding company Centrais Elétricas Brasileiras SA , or Eletrobras, that it has been working to divest in a controversial privatization program.

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