Eletrobrás claims additional compensation for expired concessions

Eletrobrás’ CFO, Armando Casado, stated in a meeting with analysts that the company has claimed for additional R$ 11 billion to the compensation to be paid by the government referring to the concessions renewed in advance as to the Provisional Measure No. 579. In the event it succeeds, the amount to be paid is close to the company’s assets accounting value.
CESP and Cemig, among other companies, have also been claiming additional compensations over those initially offered by the Federal Government.