Brasilia Energy Company – CEB Receives Approval From The Supreme Federal Court (STF) To Go To Auction And Be Privatized

Written by Flavia Marinho

Published on 14/12/2020 at 11:20

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The Energy Company of Brasília – CEB Was Sold in an Auction on December 4 in SP, but Discussions Against Privatization Must Continue.

The President of the Superior Court of Justice, Minister Humberto Martins, suspended last Friday (12/11) a ruling from the Court of Justice of the Federal District that hindered the progress of the privatization process of CEB Distribuição S.A., a subsidiary of the Energy Company of Brasília. Speaking of privatization, Petrobras Announces Progress in the Sale of the Marlim Field, Located in Deep Waters in the Campos Basin

More Privatization

Itaúsa Issues Billion-Dollar Debentures to Purchase Liquigás, the Company Announced via Material Fact on Thursday Night (12/10) that Its Board of Directors Approved the 3rd Issuance of Non-Convertible Debentures in the Amount of R$ 1.3 Billion.

Itaúsa is a Brazilian holding company that controls Banco Itaú, Duratex, Alpargatas, NTS, and Itautec, among other ventures. The company is the second largest private group in Brazil.

According to the document, the funds will be used largely for investment in Copagaz Gas Distributor, to enable the acquisition of Liquigás Distributor.

On November 18, the Administrative Council for Economic Defense (Cade) approved, with restrictions, the sale of Liquigás, a subsidiary of Petrobras’s cooking gas distribution, in a deal that involved Copagaz, Itaúsa, Nacional Gás Butano (NGB), and Fogás.

Brasilia Energy Company – CEB Receives Approval From The Supreme Federal Court (STF) To Go To Auction And Be Privatized

The Energy Company of Brasília – CEB Was Sold in an Auction on December 4 in SP, but Discussions Against Privatization Must Continue.

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More Privatization

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Spain installs two giant pipelines 2.2 km off the coast to draw water from the Mediterranean and supply a megafacility capable of producing 200 million liters of drinking water per day.

How much would a Toyota Hilux cost without tax in Brazil? A diesel pickup truck priced at R$ 250,000 could drop to around R$ 127,000, showing why pickup trucks have become a luxury product in the country.

Windows without a prison-like appearance gain momentum in 2026 and promise to completely transform residential facades with more natural lighting, discreet security, increased property value, and a modern look without the burden of the old iron bars that dominated Brazilian homes for decades.

The largest precious metals mine under construction in the world is situated on a layer of ore 25 times thicker than common mines in South Africa, and has just connected a third shaft that will quintuple the extraction of platinum, palladium, and gold.

Neither human nor dinosaur: ancestral skeleton nearly 1,000 years old found on eroded road in Australia intrigues archaeologists by the way it was buried

Bolivia requests a plane from the Lula government to distribute humanitarian aid amid protests, roadblocks, fuel shortages, and food scarcity in cities like La Paz.

Brasilia Energy Company – CEB Receives Approval From The Supreme Federal Court (STF) To Go To Auction And Be Privatized

The Energy Company of Brasília – CEB Was Sold in an Auction on December 4 in SP, but Discussions Against Privatization Must Continue.

See Also

More Privatization

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Spain installs two giant pipelines 2.2 km off the coast to draw water from the Mediterranean and supply a megafacility capable of producing 200 million liters of drinking water per day.

The largest precious metals mine under construction in the world is situated on a layer of ore 25 times thicker than common mines in South Africa, and has just connected a third shaft that will quintuple the extraction of platinum, palladium, and gold.

Scientists discover why gold remains unrusted for thousands of years and reveal atomic reorganization that reduces reaction with oxygen by up to 1 trillion times

A gigantic piece weighing 300 tons, equivalent to two Statues of Liberty, was hoisted almost 100 meters high in the interior of Mato Grosso do Sul to complete the largest recovery boiler in the world inside the R$ 23 billion megafactory of cellulose.

Magazine Luiza sells R$ 50 billion, but Havan profits better: Luciano Hang’s company reaches R$ 3.4 billion in profit and highlights the difference in Brazilian retail.

Brazil’s external debt rises to US$ 416.976 billion in April, says Central Bank, while investments in stocks see an inflow of nearly US$ 1 billion.

How much would a Toyota Hilux cost without tax in Brazil? A diesel pickup truck priced at R$ 250,000 could drop to around R$ 127,000, showing why pickup trucks have become a luxury product in the country.

Windows without a prison-like appearance gain momentum in 2026 and promise to completely transform residential facades with more natural lighting, discreet security, increased property value, and a modern look without the burden of the old iron bars that dominated Brazilian homes for decades.

The largest precious metals mine under construction in the world is situated on a layer of ore 25 times thicker than common mines in South Africa, and has just connected a third shaft that will quintuple the extraction of platinum, palladium, and gold.

Neither human nor dinosaur: ancestral skeleton nearly 1,000 years old found on eroded road in Australia intrigues archaeologists by the way it was buried

Bolivia requests a plane from the Lula government to distribute humanitarian aid amid protests, roadblocks, fuel shortages, and food scarcity in cities like La Paz.