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Shell Evaluates The Possible Purchase Of Brazilian National Power Company Assets

- Aug 30, 2018 -

According to the Venezuelan Petroleumworld website on August 23, Rio de Janeiro reported that Royal Dutch Shell’s Brazilian branch CEO Andrei Araujo said in an interview with a media reporter in Rio de Janeiro that the company is currently evaluating the Brazilian National Power Company. The assets being auctioned, which will be sold as part of Brazil’s state-owned utility company’s debt reduction and privatization program.

Araujo also told reporters in the interview that Shell is considering participating in the upcoming auction of the project in the wind energy sector of the Brazilian government.