The Latest Breaking News from Eletrobras

Eletrobras Q1 Net Income Decreases By 19% In Brazil

Eletrobras, Brazil's state-run power company, reported a 19% decrease in net income for Q1, citing higher expenses and lower revenue. Despite challenges, t...

Top News · May 9, 2024

'Sabotage' likely culprit for Brazil's Eletrobras towers collapse, sources say

The collapse of two transmission towers operated by Brazilian power company Eletrobras happened after someone cut the cables used to secure the towers, three sources with knowledge of the matter said on Friday.

Reuters · Jan 13, 2023

Brazil election frontrunner Lula eyes Eletrobras privatization rollback, aides say

Former Brazilian President Luiz Inacio Lula da Silva, the leftist frontrunner ahead of an October election, is looking at ways to reverse President Jair Bolsonaro's planned privatization of state-run electricity company Eletrobras, his advisers say.

Reuters · Jun 7, 2022