SAO PAULO Brazil's move to accelerate construction of an electric line to the northern state of Roraima, which now relies on crisis-ridden Venezuela for power, could violate the rights of indigenous peoples whose land it must cross, a federal prosecutor told Reuters.
SAO PAULO Canadian asset manager Brookfield Asset Management Inc is looking for additional targets in Brazil after a recent wave of acquisitions, including Sao Paulo state sanitation company Sabesp, a source familiar with the plans told Reuters.
SAO PAULO, Feb 27 A plan to transfer to private
investors a controlling stake at Latin America's largest power
firm, Brazil's Eletrobras, could be ready as soon as
June, Energy Minister Bento Albuquerque said on Wednesday.
SAO PAULO Brazil's new government will support state-run utility Centrais Eletricas Brasileiras SA raising capital but whether that is through privatization or another format has not yet been determined, Chief Executive Wilson Ferreira said on Tuesday.
SAO PAULO Brazilian state-owned utility Copel will begin looking this year to divest assets in telecommunications and gas so it can focus on generation, transmission and distribution, its chief executive officer said in an interview on Friday.
SAO PAULO Brazil's power system operator has requested that 662 transformers made by General Electric Co be removed from the country's grid after a number of explosions involving the devices, according to document seen by Reuters.
SAO PAULO Brazil's Transmissora Aliança de Energia Elétrica SA is interested in bidding for new licenses to operate transmission lines in the country, even after announcing a $348 million deal including debt this week, Chief Executive Officer Raul Lycurgo Leite said on Tuesday.
RIO DE JANEIRO, Dec 17 The privatization auction
of a unit of Brazilian state-run power holding company Centrais
Eletricas Brasileiras SA was delayed to accommodate
investors who needed more time to examine the unit, the
company's chief executive said on Monday.
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.
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.