BRZ News
Subscribe

Search

5 results for “ELET3”

Eletrobras CEO Ivan Monteiro Formally Named in CVM Sanctioning Process Over Prior IRB Brasil Role
PRONASDAQ• Sep 04

Eletrobras CEO Ivan Monteiro Formally Named in CVM Sanctioning Process Over Prior IRB Brasil Role

Eletrobras CEO Ivan Monteiro has been cited in a CVM sanctioning process over alleged accounting fraud at reinsurer IRB Brasil in 2020.

Brazil Hydro Curbs Signal Higher Energy Costs, Renewed Inflation Pressure
PROPolitics• Aug 07

Brazil Hydro Curbs Signal Higher Energy Costs, Renewed Inflation Pressure

CMSE ordered hydro discharge cuts to preserve reservoirs against El Niño, signaling reliance on expensive thermal plants and raising industrial energy costs.

Eletrobras (ELET3) Approves R$2 Billion Share Redemption to Finalize Novo Mercado Governance Migration
Small Caps• Aug 06

Eletrobras (ELET3) Approves R$2 Billion Share Redemption to Finalize Novo Mercado Governance Migration

Brazil's utility giant Eletrobras is spending R$2 billion to redeem preferred shares, finalizing its migration to the B3 Novo Mercado segment.

Lula Commits R$1.335 Billion to El Niño Fight, Signaling High Risk to Brazil Agro and Energy
Politics• Jul 29

Lula Commits R$1.335 Billion to El Niño Fight, Signaling High Risk to Brazil Agro and Energy

Brazil's government allocates R$1.335B to mitigate 'Super El Niño' effects, with R$850M earmarked for corn and rice purchases.

Regulatory Risk in Brazil Power Tariffs Damps Low Inflation
Politics• Jul 28

Regulatory Risk in Brazil Power Tariffs Damps Low Inflation

Brazil's July IPCA-15 inflation slowed to 0.06%, but a 3.03% spike in residential electricity driven by regulatory adjustments poses risks for utility stocks.