Eletrobras Consolidates Stake in Energy Transmission Firm

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Centrais Elc Braz Pfb B Elbras (EBR.B) has released an update.

Centrais Elétricas Brasileiras S/A – Eletrobras has announced the successful signing of a Share Purchase and Sale Agreement with CelgPAR, leading to the acquisition and sale of minority equity stakes in energy transmission companies VSB and LAZ, respectively. This deal will allow Eletrobras to fully consolidate its stake in VSB, enhancing its transmission network in Brazil. The transaction aligns with Eletrobras’ strategy of optimizing minority interests, maintaining capital discipline, and streamlining its corporate structure.

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