Eletrobras and Copel Finalize Strategic Asset Swap Agreement
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An update from Centrais Elc Braz Pfb B Elbras ( ($EBR.B) ) is now available.
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Eletrobras has finalized an agreement with Copel to exchange various asset participations. Under the deal, Eletrobras will acquire 100% of the Colíder Hydroelectric Power Plant (HPP) assets and receive R$365 million, while Copel will take stakes in other transmission and energy consortiums. This transaction increases Eletrobras’ installed generation capacity by 122 MW, expected to enhance EBITDA and net income while reducing net debt. The move aligns with Eletrobras’ strategic plan to optimize minority interests and streamline its business structure, potentially generating value through operational synergies.
More about Centrais Elc Braz Pfb B Elbras
Centrais Elétricas Brasileiras S.A., known as Eletrobras, operates in the electric power industry in Brazil, focusing on the generation, transmission, and distribution of electricity. It is a significant player in the Brazilian energy market, holding substantial stakes in various hydroelectric power plants across the country.
YTD Price Performance: -24.78%
Average Trading Volume: 24,528
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $14.41B
Find detailed analytics on EBR.B stock on TipRanks’ Stock Analysis page.