United States

Luciano Costa

CORRECTED-UPDATE 1-Engie's to finance Brazil wind farms with forward sales

Nov 11 2018

SAO PAULO, Nov 9 The Brazilian unit of French gas and power group Engie SA is in negotiations to set up contracts forward-selling wind power that would allow it to build wind farms with 300 megawatts of capacity, its chief financial officer said on Friday.

Brazilian unit of AES may bid for Renova's wind farm: CEO

Sep 05 2018

SAO PAULO A Brazilian unit of AES Corp is considering a bid for a wind farm owned by Renova Energia SA, the chief executive officer for AES Tietê Energia SA said on Wednesday.

UPDATE 2-Singapore's GIC, investment firm Squadra consider Cesp bids -source

Aug 22 2018

SAO PAULO, Aug 22 Singapore sovereign wealth fund GIC Pte Ltd and Brazilian investment firm Squadra Investimentos have emerged as potential bidders for Companhia Energética de São Paulo, known as Cesp, a person with knowledge of the matter said on Wednesday.

France's Engie considers bid for Brazil's power generator Cesp: executive

Aug 09 2018

SAO PAULO The Brazilian subsidiary of France's Engie SA is considering a bid for local power generation company CESP Companhia Energética de Sao Paulo , a senior executive told analysts on Thursday.

American Tower, Algar buy telecom assets of Brazil's Cemig

Aug 08 2018

SAO PAULO American Tower Corp and unlisted Brazilian operator Algar Telecom SA on Wednesday purchased the broadband network of Cia Energetica de Minas Gerais SA , known as Cemig, potentially spurring more dealmaking in Brazil's telecoms space.

Brazilian govt keeps distribution companies auction despite Supreme Court ruling

Jul 02 2018

SAO PAULO, July 2 The auction of six power distribution companies by state-controlled holding Centrais Elétricas Brasileiras will take place on July 26 as scheduled, a senior government official told Reuters on Monday.

India's Sterlite, China's State Grid win Brazil power licenses

Jun 29 2018

SAO PAULO India's Sterlite, China's State Grid, and Colombia's Isa clinched licenses to build power transmission lines in Brazil in a government auction on Thursday that is expected to draw a total of 6 billion reais ($1.55 billion) in investment.

Brazil power grid braces for demand swings during World Cup games

Jun 12 2018

SAO PAULO The Brazilian government has prepared the country's power grid to deal with the wild swings in demand for electricity as most people in the soccer-mad country tune out everything except their televisions to watch the national team play in the Fifa 2018 World Cup.

Italy's Enel buys Brazil's Eletropaulo for $1.48 billion

Jun 04 2018

SAO PAULO Italy's Enel SpA acquired 73 percent of the shares of Brazilian power company Eletropaulo on Monday, paying about 5.55 billion reais ($1.48 billion) to become Brazil's largest electricity distributor.

Brazil only gets bid from Shell for its pre-salt oil

May 24 2018

SAO PAULO An auction of oil by the Brazilian government from coveted offshore pre-salt fields has only attracted the interest of one bidder, Royal Dutch Shell Plc , a person familiar with the matter said on Thursday.

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