EBR - Centrais Elétricas Brasileiras S.A. - Eletrobras

NYSE - NYSE Delayed Price. Currency in USD
-0.05 (-0.77%)
At close: 4:02PM EDT
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Previous Close6.48
Bid0.00 x 0
Ask0.00 x 0
Day's Range6.37 - 6.56
52 Week Range3.49 - 7.86
Avg. Volume442,778
Market Cap9.014B
PE Ratio (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Reuters15 hours ago

    Brazil struggles with effort to privatize Eletrobras -congressman

    Brazil's government "has not given up, but lacks focus" in its bid to privatize state-controlled power holding company Centrais Eletricas Brasileiras SA, the lawmaker tasked with getting the privatization bill through Congress said on Wednesday. Congressman Jose Carlos Aleluia said a committee hearing on the privatization scheduled for Wednesday had been canceled, but that he plans to meet with President Michel Temer's top ministers on the topic early next week. Reuters reported on Tuesday that the Eletrobras privatization had been severely weakened by powerful senators opposed to its sale.

  • Reuters4 days ago

    Brazil's house speaker 'worried' about Eletrobras privatization

    The president of Brazil's lower house, Rodrigo Maia, said on Monday he was worried about the possibility of passing a bill to privatize state-run electricity firm Centrais Eletricas Brasileiras SA , known as Eletrobras. The government hopes to raise some 12.2 billion reais ($3.71 billion) from the privatization of Eletrobras. Speaking at an event in Rio de Janeiro, Maia said Congress had faced political difficulties trying to set up a commission to deal with the company's privatization, which could portend difficulties in whipping up the votes needed to pass the program.

  • Reuters14 days ago

    Eletrobras says Eletropaulo to pay it $430 mln to settle debt

    Brazil's state-controlled power company Centrais Elétricas Brasileiras SA said on Friday that Eletropaulo, Brazil's largest power distribution company, has agreed to pay it 1.4 billion reais to settle ...

  • Reuters14 days ago

    Energisa asks for rule changes in sale of Eletrobras distributors- document

    Brazilian energy holding company Energisa SA met with the energy regulator ANEEL to discuss possible changes in the rules for the sale of six power distribution companies expected for May, according to ...

  • Reuterslast month

    Brazil lower house speaker expects vote on Eletrobras sale bill in April

    The speaker of Brazil's lower house Rodrigo Maia said on Thursday that he is aiming for the body to vote on a bill containing the rules for how to privatize state-controlled power company Centrais Eletricas Brasileiras SA . President Michel Temer issued a provisional decree last year that changed the country's law to allow for Eletrobras, as the company is commonly known, to be privatized. A Supreme Court justice last week overturned a lower court's injunction blocking some parts of Temer's decree, removing a major legal roadblock to moving forward on selling Eletrobras.

  • Thirsty River Threatens Brazil's Plan to Privatize Utility
    Bloomberglast month

    Thirsty River Threatens Brazil's Plan to Privatize Utility

    The battle over privatizing Latin America’s largest utility hinges on a parched river winding through the dusty highlands of northeast Brazil.

  • Reuters2 months ago

    Brazil freezes $2.5 bln in gov't expenses on Eletrobras uncertainty

    Brazil on Friday froze 8 billion reais worth of government expenses for this year under a revised budget to account for potential delays in a plan to privatize power utility Centrais Elétricas Brasileiras ...

  • Utility Giant CEO Sees Clear Path to Privatization in Brazil
    Bloomberg2 months ago

    Utility Giant CEO Sees Clear Path to Privatization in Brazil

    The chief executive officer of Brazil’s state-owned utility Eletrobras remains confident that a controversial plan to take the company private will succeed this year despite opposition from lawmakers and ...

  • Eletrobras aims to settle U.S. lawsuits before privatization
    Reuters2 months ago

    Eletrobras aims to settle U.S. lawsuits before privatization

    Brazil's state-controlled power company Eletrobras aims to settle U.S. class action lawsuits before it begins what is expected to be the country's largest privatization in almost two decades, Chief Executive Wilson Ferreira Jr said on Wednesday. Investors in the United States have sued Centrais Elétricas Brasileiras SA (Eletrobras) after the company reported large losses related to a sprawling corruption scandal in Brazil.

  • Petrobras owes Brazil billions, unlikely to pay in 2018, minister says
    Reuters2 months ago

    Petrobras owes Brazil billions, unlikely to pay in 2018, minister says

    Brazilian state-controlled oil company Petróleo Brasileiro SA (PETR4.SA) owes the government billions of dollars tied to offshore exploration rights but is unlikely to pay this year, a cabinet minister said. The government's 2018 budget does not include any revenue from the so-called "transfer of rights" area that has sparked a dispute with the company also known as Petrobras, Planning Minister Dyogo Oliveira said in an interview on Thursday. In 2010, Brazil exchanged offshore exploration rights for equity in Petrobras.

  • Reuters3 months ago

    Brazil's Eletrobras hires Hogan Lovells to resolve U.S. class action lawsuits

    Brazilian state-owned power holding Centrais Elétricas Brasileiras SA has hired law firm Hogan Lovells to "resolve class action lawsuits" in the U.S., according to a note published on Friday ...

  • Latin America’s Biggest Utility Takes a Step Toward Sale
    Bloomberg3 months ago

    Latin America’s Biggest Utility Takes a Step Toward Sale

    Brazilian President Michel Temer signed a measure that paves the way for the privatization of Eletrobras, Latin America’s largest power company, according to a government official.

  • Reuters3 months ago

    Brazil's Eletrobras slashes investment plan in efficiency push

    Brazilian state-run power utility Centrais Elétricas Brasileiras SA will reduce its investments starting in 2018 to boost efficiency ahead of its planned privatization next year. In a securities filing on Monday, the company, known as Eletrobras, said its board had authorized investments of 19.75 billion reais ($6 billion) for 2018 through 2022. Eletrobras said the investments would be in power generation, transmission and infrastructure projects, directly or through special-purpose vehicles.

  • Reuters3 months ago

    Brazil's Eletronuclear woes may lead to supply interruption -paper

    Facing a severe financial crisis, Brazil's state-run nuclear power concern Eletrobras Termonuclear SA may halt operations at two power plants in Rio de Janeiro, newspaper O Estado de São Paulo reported on Tuesday, citing a letter from the firm's acting chief executive. In the letter to power sector regulator Aneel last week, Leonam dos Santos Guimarães described the situation as "grave" and warned the company's Angra 1 and Angra 2 nuclear plants may interrupt power production by 2019 if nothing is done to solve the problem. Eletronuclear, owned by Centrais Eletricas Brasileiras SA , is highly indebted and in default on supplier bills, including providers of uranium used as fuel to generate electricity, O Estado reported.

  • Moody's4 months ago

    Centrais Eletricas Brasileiras SA-Eletrobras -- Moody's affirms Eletrobras' Ba3 rating; changes outlook to stable from negative

    Rating Action: Moody's affirms Eletrobras' Ba3 rating; changes outlook to stable from negative. Global Credit Research- 04 Dec 2017. Sao Paulo, December 04, 2017-- Moody's Investors Service, affirmed the ...

  • Reuters4 months ago

    Brazil's govt to send Eletrobras privatization bill to Congress soon

    Brazil's deputy Finance Minister Eduardo Guardia said on Wednesday the government expects to send a bill to privatize state-controlled utility Eletrobras to Congress next week. Guardia said key details of the privatization process will be submitted to a shareholders meeting expected to take place next year. Voting rights will be limited to 10 percent for individual new investors, a way of ensuring Eletrobras will have dispersed share ownership after the privatization, Guardia said.

  • Reuters4 months ago

    Brazil's BNDES CEO says government considers two-stage Eletrobras privatization

    Brazilian development bank BNDES's chief executive said on Tuesday that the government is considering a two-stage privatization of state-controlled power holding company Centrais Brasileiras SA. Paulo ...

  • Reuters4 months ago

    Brazil lower house to pass Eletrobras privatization in 2017 -speaker

    Brazil's lower house of Congress is likely to approve the privatization of power utility Centrais Elétricas Brasileiras SA by the end of the year, House Speaker Rodrigo Maia said on Tuesday. Investors ...

  • Reuters4 months ago

    Eletrobras close to sell stakes in wind farms, power lines - CEO

    RIO DE JANEIRO (Reuters) - Brazil's state-controlled utility Centrais Elétricas Brasileiras SA will soon announce agreements to sell minority stakes in projects such as wind farms and power transmission ...

  • Reuters4 months ago

    Brazil approves privatisation model for Eletrobras distribution units

    BRASILIA (Reuters) - Brazil's government has approved the privatisation model for the power distribution units of state-run company Eletrobras (ELET5.SA), Adalberto Vasconcelos, who heads the body overseeing ...

  • Reuters5 months ago

    Brazil drafting bills changing electric sector rules - official

    Brazil's Energy Ministry will send to President Michel Temer three bills within the next 10 days that will propose changes to electricity sector rules and will contain the model for the privatization of state-run utility Centrais Elétricas Brasileiras SA, an official told Reuters on Tuesday. The ministry will send the first of the bills, one dealing with the sale of distributors owned by Eletrobras, as the company is known, as early as today, said Paulo Pedrosa, Brazil's deputy energy minister. According to the official, the government plans to offer compensation to Eletrobras in exchange for proposed changes in its hydropower contracts.

  • China's Shanghai Electric near deal for Brazil transmission project
    Reuters5 months ago

    China's Shanghai Electric near deal for Brazil transmission project

    , an official at electricity regulator Aneel told Reuters. The project in Rio Grande do Sul state requires roughly 3.3 billion reais ($1.0 billion) in investment and had originally been awarded to the Eletrobras unit Eletrosul Centrais Eletricas SA, or Eletrosul. Closure of the deal depends on Shanghai Electric accepting conditions imposed by Aneel, said Director José Jurhosa, who heads the agency's unit overseeing the case.

  • Reuters5 months ago

    State Grid, Eletrobras to deliver line for Brazil dam early

    State Grid Corp of China and Centrais Elétricas Brasileiras SA will start commercial operation of a key power transmission line for Brazil's Belo Monte dam in December, two months ahead of schedule, an official told Reuters on Monday. "We are looking to complete the work in October, run tests through November and start commercial operation in December," said Newton Zerbini, head of a joint venture named BMTE, created by State Grid and Eletrobras to build the line.

  • Reuters6 months ago

    Brazil rules out listing Eletrobras in Novo Mercado segment

    The Brazilian government will not propose a transition of state-controlled utility Centrais Elétricas Brasileiras SA to the Novo Mercado segment of the São Paulo Stock Exchange, Deputy Energy Minister ...

  • Reuters6 months ago

    France's Engie to look closely at Brazil Eletrobras assets

    French energy conglomerate Engie SA (ENGIE.PA) has appetite for more Brazil acquisitions, and will evaluate assets being sold by Eletrobras, despite spending more than $1 billion (755.29 million pounds) in a licensing auction last week, Engie's local unit head told Reuters on Wednesday. Brazil's state-controlled utility Eletrobras, or Centrais Elétricas Brasileiras SA (ELET5.SA), said on Monday it will soon kick-start its divestiture plan which includes stakes in dozens of projects, mostly wind parks and power transmission ventures. "We are open to opportunities, but always conservatively and with financial discipline," Mauricio Bahr, Engie Brasil's chief executive, said in an interview in Sao Paulo.