Radar > 225594

Grupo Cemig plans to acquire Petrobras' gas and thermoelectric assets

Grupo Cemig quer comprar ativos de gás e termelétricas da Petrobras

Intel ID : 225594
Synopsis

Grupo Cemig (BVMF:CMIG4; NYSE:CIG), an electricity, telecommunications and natural gas company based in Minas Gerais, Brazil, is interested in acquiring gas and thermoelectric assets held by Petrobras (BVMF: PTR3, PETR4, PBRA; BMAD: XPBR, XPBRA; NYSE: PBR, PBRA), as published by Valor Econômico on 26 May 2015, quoting its president Mauro Borges.

According to Borges, Petrobras' thermoelectric units have a generation capacity of 7 GW, but need to be attractive for investors. And he added "We have structured vehicles for this purpose and we are interested in these assets, as long as it is attractive and a safe business".

Petrobras may have put up for sale a minority stake in BR Distribuidora, Gaspetro and in its thermoelectric plants, as well as four pre-salt oil exploration blocks, and its gas stations in other countries in Latin America. (see related intel)
(content in portuguese)

O Grupo Cemig (BVMF:CMIG4; NYSE:CIG), com sede no estado de Minas Gerais e que se dedica ao segmento de energia elétrica, telecomunicações e gás natural, está interessado nos ativos de gás e nas termelétricas que poderão ser vendidas pela Petrobras (BVMF: PTR3, PETR4, PBRA; BMAD: XPBR, XPBRA; NYSE: PBR, PBRA), publicou o Valor Econômico em 26 de maio de 2015, citando ao Presidente do Grupo Cemig, Mauro Borges.

De acordo com o executivo, as unidades térmicas sob controle da Petrobras representam cerca de 7 GW de capacidade de geração, mas são ativos que precisam ser atrativos para os investidores. E acrescentou, "Temos veículos estruturados para esse fim e temos interesse de participar, desde que ele dê atratividade e segurança como negócio".

A Petrobras já teria colocado a venda uma participação minoritária da BR Distribuidora, Gaspetro e de suas centrais termoelétricas, além de quatro blocos de exploração de petróleo de pré-sal, e as estações de serviço que tem em outros países da América do Sul (ver intel relacionado).

Bidder

Cemig
Brazil

Seller


Intel ID 225594
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Cemig
(31 Dec 2023)
Revenue: -
EBITDA: -
Net Debt: -
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Electric (Primary)
Primary Sector (TTRSC)
20.03.10 Power Transmission & Distribution
20 Energy & Utilities / 20.03 Power Generation & Electric Utilities

Secondary Sectors (TTRSC)
20.01.01 Energy Traders & Brokers
20 Energy & Utilities / 20.01 Energy Services

35.03.04 Electrical Infrastructure Construction & Engineering
35 Industrials / 35.03 Construction & Engineering

Country
Website
Description

Seller

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Primary Sector (TTRSC)
20.02.02 Multiline Oil & Gas
20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.