October 23, 2021, 10:47

    Eletrobras unit sells stake in transmission company for $140 mln

    Eletrobras unit sells stake in transmission company for $140 mln

    BRASILIA, Sept 23 (Reuters) – Brazilian state-run power company Centrais Eletricas Brasileiras SA (ELET6.SA), Latin America's largest utility, said on Thursday that its Eletronorte unit received 740.4 million reais ($140 million) for a tag-along sale of shares in Norte Brasil Transmissora de Energia SA (NBTE).

    The shares were sold to aLeovac Participações S.A.-Leovac, owned by the Ontario Teachers' Pension Plan Board. Leovac had earlier acquired 100% ownership of Evoltz Participações S/A, which held a 51% stake in transmission company NBTE, it said in a securities filing.
    ($1 = 5.3034 reais)

    Reporting by Anthony Boadle; Editing by Leslie Adler

    Sourse: reuters.com

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