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Budget Cuts Threaten Brazil’s Energy Supply Brazil’s power regulator has raised alarms about impending shutdowns in the energy sector due to potential budget cuts. The warning comes as authorities evaluate …
Brazil Power Regulator Warns of Shutdown Risk Due to Budget Cuts Read More
Eletrobras reported a nearly 25% increase in fourth-quarter net profit to 1.11 billion reais and announced 1.8 billion reais in additional dividends. Despite a 6.4% decline in adjusted EBITDA, net …
Eletrobras Reports Profit Surge and Announces Additional Dividends Read More
Eletrobras shares rose 4.3% after the company reached a deal with Brazil’s government that will permit the state to appoint three board members and exempt the company from new investments. …
Eletrobras Stock Rises Following Deal With Brazilian Government Over Board Representation Read More
Brazil’s government and Eletrobras reached an agreement allowing state appointments to the board while lifting obligations for a controversial nuclear plant. The settlement has boosted Eletrobras’ stock and maintains the …
Brazil and Eletrobras Finalize Agreement to Reshape Governance and Investments Read More
On October 24, 2005, the Andean Development Corporation (CAF) approved US$1,010 million for projects in Bolivia, Brazil, Colombia, and Ecuador aimed at fostering development and strengthening the regional banking system. …
CAF Approves US$1,010 Million Development Funding for South America Read More