Eletrobras Expects Brazil License Renewal Decision This Quarter
Centrais Eletricas Brasileiras SA (ELET6) expects the Brazilian government to decide on the renewal of hydroelectric licenses this quarter, according to an e-mailed statement.
The company in the next few years will start operating plants with similar capacity to those with expiring concessions, according to an e-mailed statement sent by the company’s press office in response to questions.
The licenses that Eletrobras, as the company is known, expects to be renewed expire in 2015.
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