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Petrobras Seeks to Merge 13 Thermoelectric Plants and Raise Up to 30 Billion Dollars

Written by Flavia Marinho
Published on 10/03/2020 at 14:25
Updated on 10/03/2020 at 14:30
Petrobras quer fundir 13 usinas termoelétricas a gás e arrecadar até 30 bilhões de dólares
Petrobras quer fundir 13 usinas termoelétricas a gás e arrecadar até 30 bilhões de dólares
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The goal of the merger is to increase the value of the companies’ assets through these sales. Petrobras aims to raise around 30 billion dollars over a 15-year period. These figures are expected to come from the capital markets.

“This plan aims at a return of resources that the oil company currently lacks to invest in other sectors, such as the pre-salt, for example. With these sales, it continues as a distributor and thus maintains a share of profitability in the market,” analyzed lawyer Thiago Guimarães, a master’s in public policies, with experience in the biofuels market.

The government’s objective with the April auction is to replace a group of oil-fired thermal plants with gas and coal plants. Petrobras has not commented on the intention to merge the auctioned companies into one.

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The Ministry of Mines and Energy (MME) is closely monitoring and evaluating the possible effects that the unfolding of this dispute brings to Brazil.

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Flavia Marinho

Flavia Marinho é Engenheira pós-graduada, com vasta experiência na indústria de construção naval onshore e offshore. Nos últimos anos, tem se dedicado a escrever artigos para sites de notícias nas áreas militar, segurança, indústria, petróleo e gás, energia, construção naval, geopolítica, empregos e cursos. Entre em contato com flaviacamil@gmail.com ou WhatsApp +55 21 973996379 para correções, sugestão de pauta, divulgação de vagas de emprego ou proposta de publicidade em nosso portal.

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