United States

Luciano Costa

Indigenous rights ignored as Brazil jump-starts power line: prosecutor

Mar 08 2019

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.

Brookfield eyeing other targets in Brazil including Sabesp: source

Mar 01 2019

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.

UPDATE 1-Brazil's Eletrobras privatization plan could be ready by June -minister

Feb 27 2019

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.

Eletrobras CEO says capital raise needed, format undetermined

Jan 22 2019

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.

Brazil's Copel looking into selling telecoms, gas assets, CEO says

Jan 18 2019

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.

Exclusive: Brazil grid operator wants 662 GE transformers removed after explosions - document

Jan 15 2019

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.

On heels of J&F deal, Brazil's Taesa to bid for new licenses

Dec 18 2018

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.

UPDATE 1-Eletrobras delays auction of Ceal energy distributor amid high interest

Dec 17 2018

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.

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.

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