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  September 5, 2001
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Home > Company Index > Utilities > Electric Utilities > Centrais Eletricas Brasileiras S.A. - ELETROBRAS

Centrais Eletricas Brasileiras S.A. - ELETROBRAS
OTC: CAIFY
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 PROFILE
The name says it all: Centrais Eletricas Brasileiras - ELETROBRAS is a publicly traded government holding company for Brazil's electric companies. ELECTROBRAS' subsidiaries, Furnas, Chesf, Cgtee, Eletrosul, Eletronuclear, and Eletronorte, transmit and distribute power to 41.4 million customers and have a generating capacity of 67,200 MW (95% powered by hydroelectric plants). ELECTROBRAS jointly owns one of the world's largest hydroelectric plants (Itaipu, with the Paraguayan government) and oversees construction projects within the industry. The company plans to privatize Furnas, Chesf, and Eletronorte, after which it will begin marketing and trading power. The Brazilian government owns 52% of ELECTROBRAS.

 COMPETITION
CESP-Companhia Energetica de Sao Paulo (CESQY)
Eletropaulo Metropolitana Eletricidade de São Paulo S.A. (ELPL4)
Light Serviços de Eletricidade S.A. (LIGH3)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 7,142.50
1-Yr. Sales Growth: (18.5)%

 KEY PEOPLE
• Firmino F. Sampaio Neto
    CEO
• Raimundo Barretto Bastos
    CFO

 CONTACT INFO
Avenida Presidente Vargas 409, 13 Andar
20071-003 Rio de Janeiro , Brazil
Phone: 55-21-514-5151
Fax: 55-21-507-8487
Online: Web Site

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