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Eletrobras meets obstacles on the sale of distributors

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The indebtedness of the Eletrobras distributors put the company in an impasse, what one need to do so that only part of the six dealerships to be successful in the privatization.

The board of directors of the company recommended that the holding company not assume any credits or debits from the company’s distributors in relation to sector expense funds in the privatization process of these concessionaires.

According a source with knowledge of the matter, if the shareholders of the company abide by the recommendation, the measure may make the privatization process of the companies, which are located in the North and Northeast, unfeasible.