Centrais Elétricas Brasileiras S.A. (Eletrobras)

Company description

Centrais Elétricas Brasileiras S.A. (Eletrobras) is the Brazilian government body responsible for the generation and distribution of electric power.

  • The largest Brazilian electric power generation company, with a generating capacity equivalent to about 1/3 of the country's total installed capacity.

  • Over 90% of their installed capacity comes from sources with low greenhouse gas emissions. They aim to be among the three largest global clean energy companies by 2030.

  • Leading company in electric power transmission in Brazil, with almost half of the country's total transmission lines in its basic network, in high and extra-high voltage.

Company details

City:
Rio de Janeiro
Address:
Av. Presidente Vargas, 409/13º andar, Centro Rio de Janeiro, 20071-003

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • December 21, 2020

    BNDES approves sale of 583 MW wind power portfolio from Eletrobras

    The Brazilian Development Bank (BNDES) has approved the sale of the equity shares in the 583 MW wind power portfolio located in Brazil to energy developer Omega Geracao. The deal includes&nb...

    Read more
  • October 16, 2020

    Eletrobras completes sale of 49% stakes in 26 MW Mangue Seco 2 wind project in Guamaré

    Brazilian power distributor Centrais Eletricas Brasileiras SA (Eletrobras) has completed the sale of its 49% stake in a special purpose vehicle (SPV) that operates the 26 MW Mangue Seco...

    Read more
  • September 21, 2020

    CADE approves sale of interest in 583 MW wind portfolio of Eletrobras

    The Administrative Council for Economic Defense (CADE) of Brazil has approved the sale of equity interest in 583 MW wind portfolio in the state of Rio Grande do Sul owned by Centrais Eletric...

    Read more
  • August 12, 2020

    Eletrobras sells stakes in one of the largest wind complexes in Brazil

    Brazilian energy company Eletrobras has approved the sale of its stakes in the Chuí Complex, located in Rio Grande do Sul, one of the largest wind complexes in Brazil, which has a total capacit...

    Read more
  • June 23, 2020

    Energia Sustentável do Brasil launches RFP for energy sale from wind and solar assets

    Energia Sustentável do Brasil S.A. (ESBR), a Brazilian special purpose company formed to construct, maintain and operate the Jirau hydroelectric power, has launched a request for proposal...

    Read more
  • April 24, 2020

    TPG enters agreement to acquire 49.5% stakes in Manaus Transmissora de Energia (MTE)

    Evoltz, a unit of Texas Pacific Group (TPG Group), has entered into an agreement to acquire a 49.5% stake in Manaus Transmissora de Energia (MTE) from Eletrobras.  The BRL232 million (...

    Read more
  • April 23, 2020

    Eletrobras starts the test operations of the 123 MW Fortim Wind Complex in Ceara

    Centrais Eletricas Brasileiras SA (Eletrobras) has started test operations of the 123 MW Fortim Wind Complex, before entering into commercial operation.   The project features of 41 wi...

    Read more
  • October 17, 2019

    Brazil approves capital increase in Eletrobras for privatization plan

    The Government of Brazil has approved the proposed capital increase for the state utility, Eletrobras, as it prepares for the company privatization. Brazil is set to inject up to BRL10 bill...

    Read more
  • August 27, 2019

    Eletrobras completes sale of shares in 187 MW wind parks

    Eletrobras (Centrais Eletricas Brasileiras S.A.) has completed the transference of its participation in 187 MW of wind farms in Brazil to J. Malucelli Project Manager and Risk Analysis Ltda. The agre...

    Read more
  • August 15, 2019

    Eletrobras divests stakes in 843 MW Brazillian wind assets

    Eletrobras is set to divest equity interests in 843.33 MW of wind power assets and 586 km of transmission lines. The purpose of the transaction is to complete the disposal of the remaining equity int...

    Read more