Eletrobras has filed a joint petition with the Federal Supreme Court to extend mediation and conciliation efforts by 60 days. This action aims to reach a consensual solution with the Federal Government regarding an ongoing constitutional dispute. The company is actively working towards resolving this significant legal matter.
The ongoing negotiations involve various adjustments, including the potential divestment of Eletrobras’s shareholding in Eletronuclear S.A. Additionally, a review of an investment agreement related to the Angra 3 Nuclear Power Plant is part of the discussions. These elements represent key points of contention between Eletrobras and the government.
This extension indicates a continued effort to de-risk the company's balance sheet and clarify its future operational scope. A successful resolution would reduce political uncertainties and streamline Eletrobras' strategic focus post-privatization. The outcome of these negotiations is crucial for the company's long-term stability and governance.
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