Divestment Plan

Petrobras on sale of stake in power sector company

Petrobras Agency
09/02/2023 14:15
Petrobras on sale of stake in power sector company Imagem: Courtesy Apine Visualizações: 2556 (0) (0) (0) (0)

Petrobras informs the beginning of the non-binding phase regarding the sale of its 18.8% stake in the capital stock of UEG Araucária S.A. (UEGA), together with its partners, Companhia Paranaense de Energia - COPEL and COPEL Geração e Transmissão S.A., which hold, respectively, 20.3% and 60.9% of the capital stock, totaling the sale of 100% of UEGA's shares.

Potential buyers qualified for this phase, beginning today, will receive a process letter containing detailed information about the asset in question, as well as instructions on the divestment process, including guidelines for preparing and submitting non-binding proposals.

This disclosure is in accordance with Petrobras' internal rules and with the special regime for divestment of assets by federal mixed economy companies, provided for in Decree 9,188/2017.

This operation is in line with the company's strategy of portfolio optimization and capital allocation improvement, aiming at value maximization and greater return to society.

About UEGA - Usina Elétrica a Gás de Araucária

UEGA is a partnership between Copel Group and Petrobras, consisting of a natural gas-fired generation plant (combined cycle, with two gas turbines and one steam turbine) located in Araucária - PR, close to the Bolivia-Brazil gas pipeline (GASBOL). It started operations in 2002 and has a total installed capacity of 484 MW.

Most Read Today
see see
FIRJAN
Despite Tariff Hikes, Oil Drives Rio's Trade Flow Up 9% ...
27/02/26
Royalties
December Production Royalty Payments Distributed to Stat...
26/02/26
Award
BRAVA Energia Wins Top Honor at OTC Houston for Atlanta ...
26/02/26
Strategic Agenda
ABPIP Presents 2026 Strategic Agenda to Chairman of the ...
26/02/26
People
TVO Enhances Project Management Expertise
26/02/26
Memorandum of Understanding
Wärtsilä and Abu Dhabi Maritime Academy explore collabor...
12/02/26
Pre-Salt
Petrobras platform P-79 arrives at the Búzios field
12/02/26
Results
Petrobras’ oil and gas production rises 11% and reaches ...
12/02/26
Permanent Offer
Comprehensive and Unprecedented Joint Statement Speeds U...
12/02/26
PPSA
MME and MMA Clear Strategic Pre-Salt Areas, Enabling the...
12/02/26
Biomethane
Biomethane in Focus with Debate on Credit, Regulation, a...
12/02/26
People
Mario Ferreira is the New Commercial Manager at Wiz Corp...
11/02/26
Visas Agreement
Brazil implements electronic VISIT Visa for Chinese citizens
22/01/26
Biofuels
Sifaeg Highlights New Investment Cycle and the Consolida...
21/01/26
Drilling
Foresea’s Norbe IX Drillship Undergoes Scheduled Mainten...
21/01/26
State of Ceará
Companies from Ceará lead the H2MOVER-Pecém project, sel...
08/01/26
Maritime Support
Ambipar carries out more than 600 port and maritime emer...
07/01/26
Petrobras
Petrobras celebrates 20 years of the Santos Basin Unit
07/01/26
Pelotas Basin
TGS launches maritime safety application for operations ...
07/01/26
Diesel
Petrobras and Vale move forward with fuel supply partnership
07/01/26
ANP
In November, Brazil produced 4.921 million boe/d
07/01/26
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.