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By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The former president of the state-owned energy company Eletronuclear Othon Luiz Pinheiro da Silva was sentenced to 43 years in prison for bribery, money laundering, obstructing the Lava Jato...
By Lisa Flueckiger, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - The sixteenth phase of the Lava Jato (Car wash) investigation has started this morning with a focus on electricity companies, especially Eletronuclear, a subsidy of Eletrobras. Eletronuclear's President Othon...
By Sarah de Sainte Croix, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – During 2011 Brazil’s two nuclear power plants generated 15,644,251 megawatt hours (MWh) setting new national records, said Eletronuclear, a subsidiary of the Brazilian energy giant Eletrobras. The...
By Emile Phaneuf, Contributing Reporter RIO DE JANEIRO, BRAZIL - Iberdrola, Spain’s largest energy company and worldwide leader in wind production, has announced that it will acquire 99.68 percent of Elektro, a private utility company in Brazil, from Ashmore Energy...
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