Eletrobras seeks advice on Eletronuclear stake sale from BTG Pactual - Reuters
Investing.comWednesday, May 28, 2025 at 3:56:09 PM
Brazilian power giant Eletrobras is tapping investment bank BTG Pactual for advice on potentially selling its stake in Eletronuclear, the state-run nuclear energy company. This move signals Eletrobras’s continued shift toward privatization and streamlining its portfolio under the current government’s pro-market policies.
Editor’s Note: Eletrobras, one of Latin America’s largest utilities, has been gradually shedding state-controlled assets—this could be another step in that direction. If the sale goes through, it might reshape Brazil’s nuclear energy sector and draw investor interest, but it also raises questions about who takes the reins on critical infrastructure. For everyday Brazilians, it’s a wait-and-see moment: will this mean more efficiency or just less public oversight?
— Curated via WP Now’s
