Tag: Eletrobrás

• Thursday, February 25th 2021 - 08:44 UTC

  Brazil reaffirms electricity provider Electobras privatization, except for nuclear plants and Itaipu dam

  

  Brazilian President Jair Bolsonaro went to Congress to deliver a provisional measure associated with his government’s plans to privatize state-run electricity provider Eletrobras.

• Monday, August 5th 2019 - 09:15 UTC

  Paraguayan VP claims only half truths became known about obscure Itaipu deal

  

  Paraguay's Vicepresident Hugo Velázquez said that so far only half truths regarding the somber deal with Brazil about the sale of electricity are known to the public. The affair has left the government of President Mario Abdo on the brink of collapse despite having dodged impeachment before the Senate this past week.

• Wednesday, August 23rd 2017 - 09:55 UTC

  Temer prepared to privatize one of Brazil's jewels of the crown

  

  Brazil's surprise move to privatize Centrais Eletricas Brasileiras SA sent the utility's shares soaring nearly 50% on Tuesday as investors bet the plan augured further moves to loosen the government's grip on the economy.

• Monday, April 1st 2013 - 19:56 UTC

  Brazil’s power companies report huge losses in 2012 forced by cheaper electricity bills

  

  Latinamerica’s largest power company Eletrobras, managed by the Brazilian government reported losses equivalent to 3.4bn dollars last year which were mostly attributed to a bill promoted by the administration of President Dilma Rousseff ro reduce electricity bills both for industry, agriculture and home consumption.

• Tuesday, July 5th 2011 - 15:44 UTC

  Uruguay and Brazil move closer to a partnership in wind power projects

  

  Uruguay’s state owned power company UTE moved closer to linking with Brazil’s Eletrobras for wind projects after its board gave the go-ahead to explore a partnership.

• Tuesday, April 27th 2010 - 23:09 UTC

  Paraguayan Press Blasts 37 Anniversary of Brazilian “Imperial Itaipú Treaty”

  

  Paraguay’s president Fernando Lugo said he is looking forward to the coming meeting next May 3 with his Brazilian counterpart Lula da Silva because he would be coming back with “good news” referred to the shared power from Itaipu, the world’s second largest hydroelectric dam belonging to both countries.