Eletrobras

From Wikipedia, the free encyclopedia
  (Redirected from Eletronuclear)
Jump to navigation Jump to search
Centrais Elétricas Brasileiras S.A.
Sociedade Anônima
Traded asB3ELET3
OTC Pink Limited: EBRYY
Latibex: XELTO
IndustryElectricity
Founded1962 (1962)
Headquarters,
Key people
Wilson Ferreira Júnior (CEO)
José Luiz Alquéres (Chairman)
ProductsElectrical power
ServicesElectricity distribution
Electric power transmission
Electric power generation
RevenueDecrease US$ 11.4 billion (2017)
Decrease - US$ 512.0 million (2017)
OwnerBrazilian Government (52%)
Number of employees
25,809
Websiteeletrobras.com

Eletrobras (Portuguese pronunciation: [eˌlɛtɾoˈbɾas], full name: Centrais Elétricas Brasileiras S.A.) is a major Brazilian electric utilities company. The company's headquarters are located in Rio de Janeiro.

It is Latin America's biggest power utility company, tenth largest in the world, and is also the fourth largest clean energy company in the world[citation needed]. Eletrobras holds stakes in a number of Brazilian electric companies, so that it generates about 40% and transmits 69% of Brazil's electric supply. The company's generating capacity is about 43,000 MW, mostly in hydroelectric plants. The Brazilian federal government owns 52% stake in Eletrobras, the rest of the shares are 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.


History[edit]

Eletrobras was established in 1962 during João Goulart's presidency.

Operations[edit]

The Itaipu Dam at night - The world's largest hydroelectric plant by energy generation and second-largest by installed capacity

Eletrobras is an electric power holding company. It is the largest generation and transmission company in Brazil. Through its subsidiaries it owns about 40% of Brazil's generation capacities and controls 69% of the National Interconnected System.[1]

Eletrobras stands as the biggest company of the electric power sector in Latin America.

Subsidiaries[edit]

Among Eletrobras' subsidiaries, there are generation, transmission and distribution companies.

Eletroacre
Subsidiary
IndustryElectricity
FoundedDecember 17, 1965 (1965-12-17)
Headquarters,
Key people
Marcos Aurélio Madureira da Silva (CEO)
ProductsElectric power
ServicesElectric power distribution
Number of employees
1,230
Websitewww.eletroacre.com.br

Eletrobras Distribuição Acre (Eletroacre) is a Brazilian power company operating in state of Acre, in northern region of Brazil. It was founded on December 17, 1965 as a subsidiary of Eletrobras.[2]

Eletronorte S.A.
Private, subsidiary of Eletrobras
IndustryPower generation
Founded1973 (1973)
Headquarters,
ProductsElectrical power
ServicesElectricity distribution
Number of employees
3,655
Websitewww.eln.gov.br

Eletronorte (Centrais Elétricas do Norte do Brasil S.A.) is responsible for the power generation, transmission and distribution in the states of Amazonas, Pará, Acre, Rondônia, Roraima, Amapá, Tocantins and Mato Grosso.

Eletropar S.A.
Subsidiary
IndustryPrivate equity
Founded1995
HeadquartersRio de Janeiro, Brazil
RevenueIncrease US$ 98.0 Million (2010)
Increase US$ 13.6 Million (2010)
Total assetsIncrease US$ 152.4 Million (2011)
Number of employees
230
Websitewww.eletrobraspar.com

Eletrobras Eletropar acts in participations of other energy companies.

CHESF S.A.
Subsidiary
IndustryUtilities
Founded1948
HeadquartersRecife, Brazil
Key people
Sinval Zaidan Gama (CEO)
ProductsElectricity generation
Number of employees
4,427
ParentEletrobras
Websitewww.chesf.gov.br

CHESF (Companhia Hidro-Elétrica do São Francisco; São Francisco's Hydroelectric Company) generates and transmits electric power from hydroelectric plants to all of the cities in northeast of Brazil. It owns 14 hydroelectric energy plants and 1 thermoelectric energy plant.[4] Sinval Zaidan Gama was made CEO in January 2017.[5]

The main source of energy is the São Francisco River.

Eletrobras CGTEE S.A.
Subsidiary
IndustryElectricity
Founded1997 (1997)
Headquarters,
Key people
Sereno Chaise (CEO)
Number of employees
700
ParentEletrobras
Websitewww.cgtee.gov.br

Eletrobras CGTEE is a Brazilian power company created on July 11, 1997. It is active in the state of Rio Grande do Sul.[6]

International activities[edit]

Eletrobras was authorized by Act 11.651, sanctioned on April 7, 2008, to operate abroad as an investor in the power sector, by means of consortiums and/or specific purposes companies; it may also have control on enterprises. In order to coordinate this operation, it was created the Superintendence of Operations Abroad, which will operate following the guidelines of its board of directors.

For this first period, the Superintendence of Operations Abroad has set forth the priorities as follows:

1) Interconnect new sources of energy in Latin America with the Brazilian power system; 2) Promote the energetic integration between Brazil and the countries of Latin America; and 3) Prospect opportunities for investment in power energy in other countries to benefit the Brazilian economy by generating new markets for the goods and services suppliers segment.

The Superintendence of Operations Abroad has been developing negotiations with several countries in Latin America and Africa:

  • Angola and Namibia – Feasibility Studies of the AHE[clarification needed] from Baynes, located in the Cunene River, in the border between the two countries;
  • Argentina – AHE Binacional de Garabi;
  • Costa Rica – Technical Cooperation Agreement under analysis;
  • Nicaragua – Appraisal of AHEs from Boboke and Tumarim;
  • Peru – Analysis of feasibility for use of 15 AHEs, totalizing 20,000 MW;
  • Uruguay - New transmission lines expanding the already existing electric interconnection between the southern part of Brazil and Uruguay;
  • Venezuela – Studies for interconnection with the purpose of having an electric interchange between the two countries.

With Bolivia, Colombia, China, Ecuador, El Salvador, Guinea Bissau, Guyana, Morocco and Nigeria the contacts are in their initial phase.

List of current and former CEOs[edit]

Took office in CEO #
1962 Paulo Richer
1964 José Varonil de Albuquerque Lima
1964 Octavio Marcondes Ferraz
1967 Mario Penna Bhering
1975 Antonio Carlos Magalhães
1978 Arnaldo Rodrigues Barbalho
1979 Maurício Schulman
1980 José Costa Cavalcanti
1985 Mario Penna Bhering
1990 José Maria Siqueira de Barros 10º
1992 Eliseu Resende 11º
1993 José Luis Alquéres 12º
1995 Mario Fernando de Melo Santos 13º
1995 Antônio José Imbassahy da Silva 14º
1996 Firmino Ferreira Sampaio Neto 15º
2001 Cláudio Ávila da Silva 16º
2002 Altino Ventura Filho 17º
2003 Luiz Pinguelli Rosa 18º
2004 Silas Rondeau Cavalcanti Silva 19º
2005 Aloísio Marcos Vasconcelos Novais 20º
2006 Valter Luiz Cardeal de Souza 21º
2008 José Antonio Muniz Lopes 22º
2010 José da Costa Carvalho Neto 23º
2016 Wilson Ferreira Júnior 24º

References[edit]

  1. ^ OECD Reviews of Regulatory Reform: Brazil 2008 Strengthening Governance for Growth. OECD Reviews of Regulatory Reform. OECD. 2008. p. 85. ISBN 9789264042933.
  2. ^ [1]
  3. ^ http://www.eletronet.com/
  4. ^ "Companhia Hidro Elétrica do São Francisco: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 2016-11-28.
  5. ^ "José Carlos De Miranda Farias: Executive Profile & Biography - Bloomberg". www.bloomberg.com. Retrieved 2016-11-28.
  6. ^ [2]

External links[edit]