Eletrobrás (BM&F; Bovespa: ELET3, ELET5, ELET6 / NYSE: EBR, EBR.B / Latibex: XELTO, XELTB) is a major Brazilian power utility. It's also Latin America's biggest power utility company. It is currently expanding its operations in the continent, as well as in Africa. The company's full name is Centrais Elétricas Brasileiras S.A.. Eletrobrás holds stakes in a number of Brazilian electric companies, so that it generates and transmits approximately 60%...
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Eletrobrás (BM&F; Bovespa: ELET3, ELET5, ELET6 / NYSE: EBR, EBR.B / Latibex: XELTO, XELTB) is a major Brazilian power utility. It's also Latin America's biggest power utility company. It is currently expanding its operations in the continent, as well as in Africa. The company's full name is Centrais Elétricas Brasileiras S.A.. Eletrobrás holds stakes in a number of Brazilian electric companies, so that it generates and transmits approximately 60% of Brazil's electric supply. The company's generating capacity is about 40,000 MW, mostly in hydroelectric plants. The Brazilian federal government owns 52% of the stock of Eletrobrás, which is traded on BM&F; Bovespa. The stock is part of the Ibovespa index. It is also traded on the New York Stock Exchange and on the Madrid Stock Exchange
The company's headquarters are located in Rio de Janeiro.
Created in 1962 during João Goulart's presidency, Eletrobrás is the leader of a system consisting of six subsidiary companies, six distribution...
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