Business

Brazilian power holding company Light is “actively working” on a divestment program, Chief Financial Officer Roberto Barroso told attendees of an investors webcast Friday. According to BNamericas, the goal is to sell interests in assets that are not wholly controlled by the group, such as Ganhães Energia, the 11,233-MW Belo Monte hydroelectric power plant and...
Belo Monte

Brazil’s 11.2-GW Belo Monte hydropower plant in the Amazon rainforest will start operating at full capacity, after clearance from regulator Aneel was received earlier this week. According to BNamericas, the 18-turbine project on the Xingú River in Pará state is operated under a 35-year concession contract by the Norte Energia consortium, which includes state-run Eletrobras, Eletronorte,...