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Luciano Costa

Brazilian state power firm Copel plans asset sales -CFO

04 Dec 2019

SAO PAULO, Dec 4 Brazilian state power company Companhia Paranaense de Energia plans to sell assets including one hydroelectric dam, a telecommunications subsidiary and a stake in a natural gas distribution company, Chief Financial Officer Adriano de Moura told Reuters on Wednesday.

UPDATE 1-Brazil awards contracts for 2.98 gigawatts of new power projects

18 Oct 2019

SAO PAULO, Oct 18 The Brazilian government awarded on Friday contracts for companies to build new power generation installations with combined capacity of 2.98 gigawatts, that will cost about 11.16 billion reais ($2.71 billion) to be built.

Iberdrola CEO sees improving business environment in Brazil, looks to expand

09 Oct 2019

SAO PAULO Spanish power company Iberdrola SA sees an improving business environment in Brazil and is looking for opportunities to expand, Chief Executive Officer Ignacio Galán told Reuters on Wednesday.

GE investigates new wind turbine collapse in Brazil

05 Sep 2019

SAO PAULO, Sept 5 General Electric Co is investigating the cause of another accident involving wind power equipment it built and installed on a wind farm in Brazil operated by power company Omega, the two companies said on Thursday.

Norway's Statkraft looks to expand in Brazil's renewables: executive

04 Sep 2019

SAO PAULO Norway's power generator Statkraft AS [STATKF.UL] plans to sharply increase its capacity to produce renewable energy in Brazil in the next four to five years, the head of the Brazilian unit, Fernando de Lapuerta, told Reuters.

Norway's Statkraft looks to expand in Brazil's renewables -exec

04 Sep 2019

SAO PAULO, Sept 4 Norway's power generator Statkraft AS plans to sharply increase its capacity to produce renewable energy in Brazil in the next four to five years, the head of the Brazilian unit, Fernando de Lapuerta, told Reuters.

UPDATE 1-Brazil increases quota for tariff-free ethanol imports, but for only one year

02 Sep 2019

SAO PAULO, Sept 2 Brazil has renewed and increased the size of its tariff-free quota for ethanol imports, but the new allotment will last only one year instead of the two years allocated to the former quota that expired on Saturday, according to the country's official gazette.

Brazil utilities lean on bonds to finance growth, reducing state role

26 Aug 2019

SAO PAULO, Aug 26 Brazilian power companies are raising a record amount of debt in local markets this year to finance construction of generation assets and transmission lines.

Brazil power company CPFL eyeing Cemig: CEO

16 Aug 2019

SAO PAULO Brazilian power company CPFL Energia is in an expansion phase that could include the purchase of fellow utility Companhia Energetica de Minas Gerais , known as Cemig, CPFL Chief Executive Officer Gustavo Estrella told Reuters on Friday.

Brazil's Petrobras studies sale of power plants, CEO tells brokerage

06 Aug 2019

SAO PAULO Brazil's state-controlled oil company Petroleo Brasileiro SA is studying the creation of a subsidiary comprised of around 15 power plants, which could then be sold through an initial public offering, analysts at XP Investimentos said in a report sent to clients on Tuesday.

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