Shell Brazil Evaluating Potential Purchase of Eletrobras Assets

Posted by Michelle Howard August 22, 2018

Royal Dutch Shell's Brazil chief said on Wednesday that the company is evaluating the assets of Centrais Eletricas Brasileiras SA's that are being put up for sale as part of the state-owned utility's debt reduction and privatization plans.

Andre Araujo also told reporters that the company was considering participating in an upcoming Brazilian government auction for projects in the wind energy sector.

Reporting by Alexandra Alper, writing by Jake Spring

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Shell Brazil Evaluating Potential Purchase of Eletrobras Assets

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