- Reuters•18 days ago
A large group of Brazilian companies will be partly spared an additional power tariff that will be levied later this year, after a federal court issued an injunction in their favor late on Monday, according to court documents. Several industry groups obtained the injunction that partially exempt the companies they represent from the extra tariff the government plans to add to power bills from the second half of this year. The government adopted the extra charge of up to 7 percent to compensate power transmission companies such as Eletrobras , CTEEP, Cemig and Copel for the early renewal of operating licenses in 2013.
- Reuters•22 days ago
A federal court in Brazil suspended the operating license of the massive Belo Monte hydroelectric dam on environmental grounds, according to a statement late on Thursday from federal prosecutors in the state of Pará. The dam's operating consortium Norte Energia SA, led by state-controlled energy group Centrais Eletricas Brasileiras SA , or Eletrobras, must complete basic sanitation works in the city of Altamira before filling the dam's reservoir, the prosecutors said. The sanitation work was a condition for Brazil environmental agency Ibama licensing the 11,233-megawatt Belo Monte dam, which has drawn controversy for its impact on the native communities along a tributary of the Amazon river.
- Capital Cube•26 days ago
Centrais Elétricas Brasileiras SA :ELET6-BR: Earnings Analysis: Q4, 2016 By the Numbers : April 3, 2017
Categories: Yahoo FinanceGet free summary analysis Centrais Elétricas Brasileiras SA reports financial results for the quarter ended December 31, 2016. Highlights Summary numbers: Revenues of BRL 12294 million, Net Earnings of BRL -6261 million. Gross margins widened from 49.56% to 50.33% compared to the same period last year, operating (EBITDA) margins now -43.99% from -112.15%. Change in ... Read more (Read more...)
ELET6.SA : Summary for ELETROBRAS PNB N1 - Yahoo Finance
Centrais Elétricas Brasileiras S.A. - Eletrobras (ELET6.SA)
Sao Paolo - Sao Paolo Delayed Price. Currency in BRL
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|Day's Range||21.97 - 22.90|
|52 Week Range||11.20 - 30.41|
|PE Ratio (TTM)||9.20|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|