Eletrobras
File:Eletrobras logo.png | |
Company type | Public (BM&F Bovespa: ELET3, ELET5, ELET6 / NYSE: EBR, EBR.B / Latibex: XELTO, XELTB) |
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Industry | Utilities |
Founded | Rio de Janeiro, Brazil, 1962 |
Headquarters | Brasília, Brazil |
Revenue | US$ 12.6 billion (2007) |
US$ 540 million (2007) | |
Website | www.eletrobras.gov.br |
Eletrobrás (BM&F Bovespa: ELET3, ELET5, ELET6 / NYSE: EBR, EBR.B / Latibex: XELTO, XELTB) is a major Brazilian power utility. The company's full name is Centrais Elétricas Brasileiras. Eletrobrás holds stakes in a number of Brazilian electric companies, so that it generates and transmits approximately 60% of Brazil's electric supply. The company's generating capacity is about 30,000 MW, mostly in hydroelectric plants. The Brazilian Federal government owns 52% of the stock of Eletrobrás, which is traded on BM&F Bovespa. The stock is part of the Ibovespa index.