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79. Eletrobras-Centrais Electricas Brasileiras SA

Company Info
State or country Brazil
Geographical Location Americas
Assets $92,721 mil
Revenues $16,191 mil
Profits $1,327 mil
Return on invested
capital (ROIC)
2%
3 yr CGR % Revenues 7%
Company data as of 6/01/2011 provided by S&P Capital IQ
Company Snapshot
Centrais Elétricas Brasileiras S.A. – Eletrobras, together with its subsidiaries, engages in the generation, transmission, distribution, and commercialization of electric power in Brazil.

The company constructs and operates nuclear power plants and transmission lines; and holds concessions to provide electric power distribution services.

As of December 31, 2009, it owned and operated 29 hydroelectric plants; 15 thermal plants, including coal and oil power generation units; and 2 nuclear power plants.

The company also assists Brazil's Ministry of Mining and Energy in designing the country's policy for the energy sector; grants loans and finance, provides guarantees, and acquires debentures of companies and holders of public electric power services; grants loans and guarantees for technical and scientific research institutions; promotes and supports research in the power sector in connection with the generation, transmission, and distribution of electric power, as well as studies involving the exploitation of watershed for various purposes; contributes to the education of technical staff and qualified workers required by the Brazilian electric power sector through specialized training programs or assists national educational institutions or provides scholarships or signs agreements with foreign institutions that promote the development of specialized technical personnel; and co-operates technically and administratively with companies in which it holds interests, and with the agency of the Ministry of Mining and Energy.

In addition, it manages Incentive Program for Alternative Sources of Electric Power, a program of the federal government that aims to enhance the diversification of the Brazilian energy model and search for regional solutions based on renewable electric power sources produced by independent agents.

The company was founded in 1962 and is based in Rio de Janeiro, Brazil.

Data provided by

Mr. José da Costa Carvalho Neto

TITLES:
Chief Executive Officer and Director

Data provided by