SAO PAULO, Feb 12 Brazilian power holding
Centrais Elétricas Brasileiras SA confirmed in a
statement to Reuters that the company will fire 70 more workers
after falling short of its goal of workforce reduction with
voluntary severance programs.
RIO DE JANEIRO/SAO PAULO Brazil's government does not have an alternative proposal for the privatization of power holding company Centrais Eletricas Brasileiras SA which appears headed for rejection in the Senate, according to two people with knowledge of the matter.
SAO PAULO The deadly collapse of a Vale SA's mining waste dam in Brazil was partially triggered by "a persistently high water level" that caused the structure to lose strength and stability, according to a report by a panel of experts appointed by the company's lawyers.
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.
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.
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.
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.
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.
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,
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.