Eletrobras to pick Angra 3 partner next year

Eletrobras to pick Angra 3 partner next year

M&A Project & Infrastructure Finance Corporate & Sovereign Strategy Economy & Policy Debt Capital Markets Debenture Energy Electricity Renewable Wind Regulation Politics Rule 476 Brazil

Brazil's Eletrobras plans to complete a corporate model for Angra 3 by the end of May this year and pick a private partner to complete construction of the nuclear power plant in 2020, according to CEO Wilson Ferreira. "We're opening a bid in the country for Angra 3," Ferreira said during a conference call to discuss the state-owned power company's first quarter results. "In May, we're going to share the results of our market sounding. The goal is, basically, to select the potential partners an

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