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Home » News » Hydropower » Eletrobras Expands Ownership in Companhia Hidrelétrica Teles Pires to 100% in Asset Exchange Deal
Hydropower

Eletrobras Expands Ownership in Companhia Hidrelétrica Teles Pires to 100% in Asset Exchange Deal

By Philip BrooksSeptember 30, 20232 Mins Read
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Credit: Neoenergia
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Eletrobras has solidified its position in the energy sector by acquiring full ownership of Companhia Hidrelétrica Teles Pires, following the successful conclusion of an asset exchange transaction involving its subsidiary, Eletrobras Eletronorte, and Neoenergia. Previously, Eletrobras held a 49% stake in the company, but this operation was executed without any cash inflow or outflow, as

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Brazil Electric Electricity Eletrobras Eletrobras Eletronorte Hydroelectric Hydroelectric Plants Neoen Neoenergia
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