Radar > 244771

Shareholders to sell Belo Monte Hydroelectric Plant

Acionistas venderão a Usina Hidrelétrica Belo Monte

Intel ID : 244771
Synopsis

The shareholders of Belo Monte Hydroelectric Plant will start a process to sale the company in the coming weeks, reported Exame on 27 January 2017.

The main shareholders are Grupo Cemig (BVMF: CMIG4, XCMIG, CIG.C), Neoenergia (BVMF: GNAN3B), Petros and Funcef pension funds and Eletrobras (BVMF: ELET6). The seller group is led by Grupo Cemig and Neoenergia. The companies' goal is to take advantage of the recent interest of Chinese companies for energy assets in Brazil.

According to the news, the bank Bradesco BBI will be one of the coordinators of the operation.
(content in portuguese)

Os acionistas da Usina Hidrelétrica Belo Monte, vão começar nas próximas semanas um processo de venda da empresa, segundo publicou a Exame no dia 27 de janeiro de 2017.

Entre os principais acionistas da usina estão as brasileiras o Grupo Cemig (BVMF:CMIG4, XCMIG, CIG.C), a Neoenergia (BVMF:GNAN3B), os fundos de pensão Petros e Funcef e a Eletrobras (BVMF:ELET6). O grupo de vendedores é liderado pelo Grupo Cemig e pela Neoenergia. O objetivo das empresas é aproveitar o recente interesse das empresas chinesas por ativos de energia no Brasil.

Segundo a notícia, o banco Bradesco BBI será um dos coordenadores da operação.

Seller

Cemig
Brazil

Advisors

prospect
Funcef
Brazil
Petros
Brazil

Intel ID 244771
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Neoenergia
(31 Dec 2024)
Revenue: EUR 7,65m
EBITDA: EUR 1,96m
Net Debt: EUR 6,99m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Seller

Name
potential
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
potential
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

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.99 Other Banking & Investment
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Electric (Primary)
Primary Sector (TTRSC)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Secondary Sectors (TTRSC)
10.01.99 Other Business & Professional Support Services
10 Business Services / 10.01 Business & Professional Support Services

20.01.01 Energy Traders & Brokers
20 Energy & Utilities / 20.01 Energy Services

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.02.99 Other Insurance
25 Financial Services / 25.02 Insurance

Country
Website
Description

Financial Advisory

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.