Privatization of Brazil's electricity giant Eletrobras

BDO.LiveSite.Deals.DealTypeTransaction Services
BDO.LiveSite.Deals.IndustryNatural resources & Energy
BDO.LiveSite.Deals.ClientNameEletrobras

The traditional ringing of the bell, heard on the 14th at B3, the São Paulo Stock Exchange, made the privatization of Eletrobras official. The ceremony was attended by several authorities, such as Brazil's president, and BDO's Lead Advisory Partner, Mauro Johashi.

BDO offered Accounting, Financial, Tax and Labor Vendor Due Diligence of Eletrobras. The capitalization will restore Eletrobras' investment capacity, so that the company can contribute to the expansion of the Brazilian electricity sector.

BDO Brazil is very proud and pleased to contribute to this historic moment for Brazil. Eletrobras' capitalization is considered the largest utility offering since 2010 in the world, the largest offering in the Western Hemisphere in 2022, the largest privatization since 1998 in Brazil, and the largest share offering in the country's history. With a total Valuation of approximately R$ 100 billion, the offer of the shares was for approximately R$ 33,6 billion. Eletrobras is one of the most relevant renewable energy companies in the world.